$SAN
Banco Santander, S.A. Stock $san

$san Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 20-F Financial Statement

#000089147823000047 Filed on March 01, 2023

Income Statement

Concept	2022 Q4	2022	2021 Q4
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit		€52.12B
YoY Change		12.31%
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.543B	$2.985B
YoY Change		8.31%
% of Gross Profit		5.73%
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense		€32.81B
YoY Change		150.6%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$15.25B	$15.25B	$3.831B
YoY Change	298.07%	4.83%	220.59%
Income Tax	$4.486B	$4.486B	$1.169B
% Of Pretax Income	29.42%	29.42%	30.51%
Net Earnings	$9.605B	€10.76B	$2.275B
YoY Change	322.2%	32.5%	721.3%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	$0.58	$0.58	$133.1K
COMMON SHARES
Basic Shares Outstanding	16.79B shares
Diluted Shares Outstanding

Balance Sheet

Concept	2022 Q4	2022	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$34.07B	$33.04B	$32.34B
YoY Change	5.35%	2.17%	1.79%
Goodwill	€13.74B		€12.71B
YoY Change	8.09%		1.94%
Intangibles
YoY Change
Long-Term Investments	$7.615B	$7.615B	$7.525B
YoY Change	1.2%	1.2%	-1.27%
Other Assets	$24.24B	$24.24B	$23.53B
YoY Change	3.02%	-5.01%	-0.68%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	€1735B	$1735B	$1596B
YoY Change	8.7%	8.7%	5.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.040B	$3.040B	$2.187B
YoY Change	39.0%	39.0%	-6.9%
LONG-TERM LIABILITIES
Long-Term Debt	$280.3B	$280.3B	$246.2B
YoY Change	13.88%	13.88%	4.63%
Other Long-Term Liabilities	$184.9B	$184.9B	$138.1B
YoY Change	33.86%	33.86%	-0.92%
Total Long-Term Liabilities	$465.2B	$465.2B	$384.3B
YoY Change	21.06%	21.06%	2.57%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.040B	$3.040B	$2.187B
Total Long-Term Liabilities	$465.2B	$465.2B	$384.3B
Total Liabilities	€1637B	$1646B	$1509B
YoY Change	8.49%	9.06%	5.76%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$89.10B	$89.10B	$86.93B
YoY Change
Total Liabilities & Shareholders Equity	$1735B	$1735B	$1596B
YoY Change	8.7%	8.7%	5.81%

Cashflow Statement

Concept	2022 Q4	2022	2021 Q4
OPERATING ACTIVITIES
Net Income	$9.605B	€10.76B	$2.275B
YoY Change	322.2%	32.5%	721.3%
Depreciation, Depletion And Amortization	$1.543B	$2.985B
YoY Change		8.31%
Cash From Operating Activities	$20.32B	$27.71B
YoY Change		-51.13%
INVESTING ACTIVITIES
Capital Expenditures	$5.777B	$10.84B
YoY Change		-195.06%
Acquisitions
YoY Change
Other Investing Activities	$3.531B	$6.942B
YoY Change		-9.7%
Cash From Investing Activities	-$2.246B	-$3.898B
YoY Change		4.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.841B	-9.973B
YoY Change		-1383.53%
NET CHANGE
Cash From Operating Activities	20.32B	27.71B
Cash From Investing Activities	-2.246B	-3.898B
Cash From Financing Activities	-2.841B	-9.973B
Net Change In Cash	15.23B	13.84B
YoY Change		-74.26%
FREE CASH FLOW
Cash From Operating Activities	$20.32B	$27.71B
Capital Expenditures	$5.777B	$10.84B
Free Cash Flow	$14.54B	$16.87B
YoY Change		-75.23%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0000891478
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	dei	Document Type DocumentType	20-F
CY2022	dei	Document Registration Statement DocumentRegistrationStatement	false
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Document Shell Company Report DocumentShellCompanyReport	false
CY2022	dei	Entity File Number EntityFileNumber	001-12518
CY2022	dei	Entity Registrant Name EntityRegistrantName	BANCO SANTANDER, S.A.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	U3
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	Ciudad Grupo Santander
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	28660
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Boadilla del Monte (Madrid)
CY2022	dei	Entity Address Country EntityAddressCountry	ES
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2022	dei	Document Accounting Standard DocumentAccountingStandard	International Financial Reporting Standards
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16794401584	shares
CY2022	ifrs-full	Gross Profit GrossProfit	52117000000	eur
CY2022	dei	Auditor Name AuditorName	PricewaterhouseCoopers Auditores, S.L.
CY2022	dei	Auditor Location AuditorLocation	Madrid, Spain
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CY2022Q4	san	Reserves Or Accumulated Losses In Joint Ventures Investments ReservesOrAccumulatedLossesInJointVenturesInvestments	1553000000	eur
CY2021Q4	san	Reserves Or Accumulated Losses In Joint Ventures Investments ReservesOrAccumulatedLossesInJointVenturesInvestments	1572000000	eur
CY2020Q4	san	Reserves Or Accumulated Losses In Joint Ventures Investments ReservesOrAccumulatedLossesInJointVenturesInvestments	1504000000	eur
CY2022Q4	san	Miscellaneous Other Reserves MiscellaneousOtherReserves	-7007000000	eur
CY2021Q4	san	Miscellaneous Other Reserves MiscellaneousOtherReserves	-6049000000	eur
CY2020Q4	san	Miscellaneous Other Reserves MiscellaneousOtherReserves	-5100000000	eur
CY2022Q4	ifrs-full	Treasury Shares TreasuryShares	675000000	eur
CY2021Q4	ifrs-full	Treasury Shares TreasuryShares	894000000	eur
CY2020Q4	ifrs-full	Treasury Shares TreasuryShares	69000000	eur
CY2022Q4	san	Profit Loss Attributable To Shareholders Of Parent ProfitLossAttributableToShareholdersOfParent	9605000000	eur
CY2021Q4	san	Profit Loss Attributable To Shareholders Of Parent ProfitLossAttributableToShareholdersOfParent	8124000000	eur
CY2020Q4	san	Profit Loss Attributable To Shareholders Of Parent ProfitLossAttributableToShareholdersOfParent	-8771000000	eur
CY2022Q4	san	Interim Dividends InterimDividends	979000000	eur
CY2021Q4	san	Interim Dividends InterimDividends	836000000	eur
CY2020Q4	san	Interim Dividends InterimDividends	0	eur
CY2022Q4	ifrs-full	Accumulated Other Comprehensive Income AccumulatedOtherComprehensiveIncome	-35628000000	eur
CY2021Q4	ifrs-full	Accumulated Other Comprehensive Income AccumulatedOtherComprehensiveIncome	-32719000000	eur
CY2020Q4	ifrs-full	Accumulated Other Comprehensive Income AccumulatedOtherComprehensiveIncome	-33144000000	eur
CY2022Q4	san	Other Comprehensive Income Items That Will Not Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatWillNotBeReclassifiedToProfitOrLoss	-4635000000	eur
CY2021Q4	san	Other Comprehensive Income Items That Will Not Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatWillNotBeReclassifiedToProfitOrLoss	-4241000000	eur
CY2020Q4	san	Other Comprehensive Income Items That Will Not Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatWillNotBeReclassifiedToProfitOrLoss	-5328000000	eur
CY2022Q4	san	Other Comprehensive Income Items That May Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatMayBeReclassifiedToProfitOrLoss	-30993000000	eur
CY2021Q4	san	Other Comprehensive Income Items That May Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatMayBeReclassifiedToProfitOrLoss	-28478000000	eur
CY2020Q4	san	Other Comprehensive Income Items That May Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatMayBeReclassifiedToProfitOrLoss	-27816000000	eur
CY2022Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	8481000000	eur
CY2021Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	10123000000	eur
CY2020Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	9846000000	eur
CY2022Q4	san	Accumulated Other Comprehensive Income Attributable To Non Controlling Interests AccumulatedOtherComprehensiveIncomeAttributableToNonControllingInterests	-1856000000	eur
CY2021Q4	san	Accumulated Other Comprehensive Income Attributable To Non Controlling Interests AccumulatedOtherComprehensiveIncomeAttributableToNonControllingInterests	-2104000000	eur
CY2020Q4	san	Accumulated Other Comprehensive Income Attributable To Non Controlling Interests AccumulatedOtherComprehensiveIncomeAttributableToNonControllingInterests	-1800000000	eur
CY2022Q4	san	Non Controlling Interest Excluding Accumulated Other Comprehensive Income NonControllingInterestExcludingAccumulatedOtherComprehensiveIncome	10337000000	eur
CY2021Q4	san	Non Controlling Interest Excluding Accumulated Other Comprehensive Income NonControllingInterestExcludingAccumulatedOtherComprehensiveIncome	12227000000	eur
CY2020Q4	san	Non Controlling Interest Excluding Accumulated Other Comprehensive Income NonControllingInterestExcludingAccumulatedOtherComprehensiveIncome	11646000000	eur
CY2022Q4	ifrs-full	Equity Equity	97585000000	eur
CY2021Q4	ifrs-full	Equity Equity	97053000000	eur
CY2020Q4	ifrs-full	Equity Equity	91322000000	eur
CY2022Q4	ifrs-full	Equity And Liabilities EquityAndLiabilities	1734659000000	eur
CY2021Q4	ifrs-full	Equity And Liabilities EquityAndLiabilities	1595835000000	eur
CY2020Q4	ifrs-full	Equity And Liabilities EquityAndLiabilities	1508250000000	eur
CY2022	ifrs-full	Revenue From Interest RevenueFromInterest	71430000000	eur
CY2021	ifrs-full	Revenue From Interest RevenueFromInterest	46463000000	eur
CY2020	ifrs-full	Revenue From Interest RevenueFromInterest	45741000000	eur
CY2022	ifrs-full	Interest Expense InterestExpense	32811000000	eur
CY2021	ifrs-full	Interest Expense InterestExpense	13093000000	eur
CY2020	ifrs-full	Interest Expense InterestExpense	13747000000	eur
CY2022	ifrs-full	Interest Revenue Expense InterestRevenueExpense	38619000000	eur
CY2021	ifrs-full	Interest Revenue Expense InterestRevenueExpense	33370000000	eur
CY2020	ifrs-full	Interest Revenue Expense InterestRevenueExpense	31994000000	eur
CY2022	ifrs-full	Revenue From Dividends RevenueFromDividends	488000000	eur
CY2021	ifrs-full	Revenue From Dividends RevenueFromDividends	513000000	eur
CY2020	ifrs-full	Revenue From Dividends RevenueFromDividends	391000000	eur
CY2022	ifrs-full	Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod	702000000	eur
CY2021	ifrs-full	Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod	432000000	eur
CY2020	ifrs-full	Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod	-96000000	eur
CY2022	ifrs-full	Fee And Commission Income FeeAndCommissionIncome	15867000000	eur
CY2021	ifrs-full	Fee And Commission Income FeeAndCommissionIncome	13812000000	eur
CY2020	ifrs-full	Fee And Commission Income FeeAndCommissionIncome	13024000000	eur
CY2022	ifrs-full	Fee And Commission Expense FeeAndCommissionExpense	4077000000	eur
CY2021	ifrs-full	Fee And Commission Expense FeeAndCommissionExpense	3310000000	eur
CY2020	ifrs-full	Fee And Commission Expense FeeAndCommissionExpense	3009000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossNet	149000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossNet	628000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossNet	1107000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities Held For Trading GainsLossesOnFinancialAssetsAndLiabilitiesHeldForTrading	842000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities Held For Trading GainsLossesOnFinancialAssetsAndLiabilitiesHeldForTrading	1141000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities Held For Trading GainsLossesOnFinancialAssetsAndLiabilitiesHeldForTrading	3211000000	eur
CY2022	ifrs-full	Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	162000000	eur
CY2021	ifrs-full	Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	132000000	eur
CY2020	ifrs-full	Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	82000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss	968000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss	270000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss	-171000000	eur
CY2022	san	Gains Or Losses From Hedge Accounting Net GainsOrLossesFromHedgeAccountingNet	74000000	eur
CY2021	san	Gains Or Losses From Hedge Accounting Net GainsOrLossesFromHedgeAccountingNet	-46000000	eur
CY2020	san	Gains Or Losses From Hedge Accounting Net GainsOrLossesFromHedgeAccountingNet	51000000	eur
CY2022	ifrs-full	Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss	-542000000	eur
CY2021	ifrs-full	Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss	-562000000	eur
CY2020	ifrs-full	Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss	-2093000000	eur
CY2022	san	Other Operating Income OtherOperatingIncome	1510000000	eur
CY2021	san	Other Operating Income OtherOperatingIncome	2255000000	eur
CY2020	san	Other Operating Income OtherOperatingIncome	1920000000	eur
CY2022	san	Other Operating Expense OtherOperatingExpense	2803000000	eur
CY2021	san	Other Operating Expense OtherOperatingExpense	2442000000	eur
CY2020	san	Other Operating Expense OtherOperatingExpense	2342000000	eur
CY2022	san	Income From Assets Included In Profit Or Loss Under Insurance Contracts And Reinsurance Contracts Issued IncomeFromAssetsIncludedInProfitOrLossUnderInsuranceContractsAndReinsuranceContractsIssued	2698000000	eur
CY2021	san	Income From Assets Included In Profit Or Loss Under Insurance Contracts And Reinsurance Contracts Issued IncomeFromAssetsIncludedInProfitOrLossUnderInsuranceContractsAndReinsuranceContractsIssued	1516000000	eur
CY2020	san	Income From Assets Included In Profit Or Loss Under Insurance Contracts And Reinsurance Contracts Issued IncomeFromAssetsIncludedInProfitOrLossUnderInsuranceContractsAndReinsuranceContractsIssued	1452000000	eur
CY2022	san	Expense Included In Profit Or Loss Liabilities Under Insurance Contracts And Reinsurance Contracts ExpenseIncludedInProfitOrLossLiabilitiesUnderInsuranceContractsAndReinsuranceContracts	2540000000	eur
CY2021	san	Expense Included In Profit Or Loss Liabilities Under Insurance Contracts And Reinsurance Contracts ExpenseIncludedInProfitOrLossLiabilitiesUnderInsuranceContractsAndReinsuranceContracts	1305000000	eur
CY2020	san	Expense Included In Profit Or Loss Liabilities Under Insurance Contracts And Reinsurance Contracts ExpenseIncludedInProfitOrLossLiabilitiesUnderInsuranceContractsAndReinsuranceContracts	1242000000	eur
CY2022	ifrs-full	Gross Profit GrossProfit	52117000000	eur
CY2021	ifrs-full	Gross Profit GrossProfit	46404000000	eur
CY2020	ifrs-full	Gross Profit GrossProfit	44279000000	eur
CY2022	ifrs-full	Administrative Expense AdministrativeExpense	20918000000	eur
CY2021	ifrs-full	Administrative Expense AdministrativeExpense	18659000000	eur
CY2020	ifrs-full	Administrative Expense AdministrativeExpense	18320000000	eur
CY2022	ifrs-full	Employee Benefits Expense EmployeeBenefitsExpense	12547000000	eur
CY2021	ifrs-full	Employee Benefits Expense EmployeeBenefitsExpense	11216000000	eur
CY2020	ifrs-full	Employee Benefits Expense EmployeeBenefitsExpense	10783000000	eur
CY2022	san	Other General Administrative Expenses OtherGeneralAdministrativeExpenses	8371000000	eur
CY2021	san	Other General Administrative Expenses OtherGeneralAdministrativeExpenses	7443000000	eur
CY2020	san	Other General Administrative Expenses OtherGeneralAdministrativeExpenses	7537000000	eur
CY2022	ifrs-full	Depreciation And Amortisation Expense DepreciationAndAmortisationExpense	2985000000	eur
CY2021	ifrs-full	Depreciation And Amortisation Expense DepreciationAndAmortisationExpense	2756000000	eur
CY2020	ifrs-full	Depreciation And Amortisation Expense DepreciationAndAmortisationExpense	2810000000	eur
CY2022	san	Provisions And Reversal Of Provisions ProvisionsAndReversalOfProvisions	1881000000	eur
CY2021	san	Provisions And Reversal Of Provisions ProvisionsAndReversalOfProvisions	2814000000	eur
CY2020	san	Provisions And Reversal Of Provisions ProvisionsAndReversalOfProvisions	2378000000	eur
CY2022	ifrs-full	Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With Ifrs9 ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9	10863000000	eur
CY2021	ifrs-full	Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With Ifrs9 ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9	7407000000	eur
CY2020	ifrs-full	Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With Ifrs9 ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9	12382000000	eur
CY2022	san	Impairment Loss Reversal Of Impairment Of Investments In Subsidiaries Joint Ventures And Associates Net ImpairmentLossReversalOfImpairmentOfInvestmentsInSubsidiariesJointVenturesAndAssociatesNet	0	eur
CY2021	san	Impairment Loss Reversal Of Impairment Of Investments In Subsidiaries Joint Ventures And Associates Net ImpairmentLossReversalOfImpairmentOfInvestmentsInSubsidiariesJointVenturesAndAssociatesNet	0	eur
CY2020	san	Impairment Loss Reversal Of Impairment Of Investments In Subsidiaries Joint Ventures And Associates Net ImpairmentLossReversalOfImpairmentOfInvestmentsInSubsidiariesJointVenturesAndAssociatesNet	0	eur
CY2022	san	Impairment Loss Reversal Of Impairment Recognised In Profit Or Loss Non Financial Assets Net ImpairmentLossReversalOfImpairmentRecognisedInProfitOrLossNonFinancialAssetsNet	239000000	eur
CY2021	san	Impairment Loss Reversal Of Impairment Recognised In Profit Or Loss Non Financial Assets Net ImpairmentLossReversalOfImpairmentRecognisedInProfitOrLossNonFinancialAssetsNet	231000000	eur
CY2020	san	Impairment Loss Reversal Of Impairment Recognised In Profit Or Loss Non Financial Assets Net ImpairmentLossReversalOfImpairmentRecognisedInProfitOrLossNonFinancialAssetsNet	10416000000	eur
CY2022	san	Impairment Loss Or Reversal Of Impairment Recognised In Profit Or Loss Tangible Assets ImpairmentLossOrReversalOfImpairmentRecognisedInProfitOrLossTangibleAssets	140000000	eur
CY2021	san	Impairment Loss Or Reversal Of Impairment Recognised In Profit Or Loss Tangible Assets ImpairmentLossOrReversalOfImpairmentRecognisedInProfitOrLossTangibleAssets	150000000	eur
CY2020	san	Impairment Loss Or Reversal Of Impairment Recognised In Profit Or Loss Tangible Assets ImpairmentLossOrReversalOfImpairmentRecognisedInProfitOrLossTangibleAssets	174000000	eur
CY2022	ifrs-full	Impairment Loss Recognised In Profit Or Loss Intangible Assets And Goodwill ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill	75000000	eur
CY2021	ifrs-full	Impairment Loss Recognised In Profit Or Loss Intangible Assets And Goodwill ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill	71000000	eur
CY2020	ifrs-full	Impairment Loss Recognised In Profit Or Loss Intangible Assets And Goodwill ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill	10242000000	eur
CY2022	san	Impairment Loss Or Reversal Of Impairment Recognised In Profit Or Loss Other Non Financial Assets Net ImpairmentLossOrReversalOfImpairmentRecognisedInProfitOrLossOtherNonFinancialAssetsNet	24000000	eur
CY2021	san	Impairment Loss Or Reversal Of Impairment Recognised In Profit Or Loss Other Non Financial Assets Net ImpairmentLossOrReversalOfImpairmentRecognisedInProfitOrLossOtherNonFinancialAssetsNet	10000000	eur
CY2020	san	Impairment Loss Or Reversal Of Impairment Recognised In Profit Or Loss Other Non Financial Assets Net ImpairmentLossOrReversalOfImpairmentRecognisedInProfitOrLossOtherNonFinancialAssetsNet	0	eur
CY2022	san	Gains Losses On Disposals Of Non Financial Assets Net GainsLossesOnDisposalsOfNonFinancialAssetsNet	12000000	eur
CY2021	san	Gains Losses On Disposals Of Non Financial Assets Net GainsLossesOnDisposalsOfNonFinancialAssetsNet	53000000	eur
CY2020	san	Gains Losses On Disposals Of Non Financial Assets Net GainsLossesOnDisposalsOfNonFinancialAssetsNet	114000000	eur
CY2022	ifrs-full	Gain Recognised In Bargain Purchase Transaction GainRecognisedInBargainPurchaseTransaction	0	eur
CY2021	ifrs-full	Gain Recognised In Bargain Purchase Transaction GainRecognisedInBargainPurchaseTransaction	0	eur
CY2020	ifrs-full	Gain Recognised In Bargain Purchase Transaction GainRecognisedInBargainPurchaseTransaction	8000000	eur
CY2022	san	Gains Losses On Non Current Assets Held For Sale Not Classified As Discontinued Operations GainsLossesOnNonCurrentAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	7000000	eur
CY2021	san	Gains Losses On Non Current Assets Held For Sale Not Classified As Discontinued Operations GainsLossesOnNonCurrentAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	-43000000	eur
CY2020	san	Gains Losses On Non Current Assets Held For Sale Not Classified As Discontinued Operations GainsLossesOnNonCurrentAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	-171000000	eur
CY2022	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	15250000000	eur
CY2021	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	14547000000	eur
CY2020	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	-2076000000	eur
CY2022	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	4486000000	eur
CY2021	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	4894000000	eur
CY2020	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	5632000000	eur
CY2022	ifrs-full	Profit Loss From Continuing Operations ProfitLossFromContinuingOperations	10764000000	eur
CY2021	ifrs-full	Profit Loss From Continuing Operations ProfitLossFromContinuingOperations	9653000000	eur
CY2020	ifrs-full	Profit Loss From Continuing Operations ProfitLossFromContinuingOperations	-7708000000	eur
CY2022	ifrs-full	Profit Loss From Discontinued Operations ProfitLossFromDiscontinuedOperations	0	eur
CY2021	ifrs-full	Profit Loss From Discontinued Operations ProfitLossFromDiscontinuedOperations	0	eur
CY2020	ifrs-full	Profit Loss From Discontinued Operations ProfitLossFromDiscontinuedOperations	0	eur
CY2022	ifrs-full	Profit Loss ProfitLoss	10764000000	eur
CY2021	ifrs-full	Profit Loss ProfitLoss	9653000000	eur
CY2020	ifrs-full	Profit Loss ProfitLoss	-7708000000	eur
CY2022	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1159000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1529000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1063000000	eur
CY2022	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	9605000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	8124000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	-8771000000	eur
CY2022	ifrs-full	Basic Earnings Loss Per Share BasicEarningsLossPerShare	0.539
CY2021	ifrs-full	Basic Earnings Loss Per Share BasicEarningsLossPerShare	0.438
CY2020	ifrs-full	Basic Earnings Loss Per Share BasicEarningsLossPerShare	-0.538
CY2022	ifrs-full	Diluted Earnings Loss Per Share DilutedEarningsLossPerShare	0.537
CY2021	ifrs-full	Diluted Earnings Loss Per Share DilutedEarningsLossPerShare	0.436
CY2020	ifrs-full	Diluted Earnings Loss Per Share DilutedEarningsLossPerShare	-0.538
CY2022	ifrs-full	Profit Loss ProfitLoss	10764000000	eur
CY2021	ifrs-full	Profit Loss ProfitLoss	9653000000	eur
CY2020	ifrs-full	Profit Loss ProfitLoss	-7708000000	eur
CY2022	ifrs-full	Other Comprehensive Income OtherComprehensiveIncome	-2660000000	eur
CY2021	ifrs-full	Other Comprehensive Income OtherComprehensiveIncome	-220000000	eur
CY2020	ifrs-full	Other Comprehensive Income OtherComprehensiveIncome	-9794000000	eur
CY2022	ifrs-full	Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax	-399000000	eur
CY2021	ifrs-full	Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax	754000000	eur
CY2020	ifrs-full	Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax	-1018000000	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans	-56000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans	1567000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans	-25000000	eur
CY2022	san	Non Current Assets Held For Sale That Will Not Be Reclassified To Profit Or Loss Before Tax NonCurrentAssetsHeldForSaleThatWillNotBeReclassifiedToProfitOrLossBeforeTax	0	eur
CY2021	san	Non Current Assets Held For Sale That Will Not Be Reclassified To Profit Or Loss Before Tax NonCurrentAssetsHeldForSaleThatWillNotBeReclassifiedToProfitOrLossBeforeTax	0	eur
CY2020	san	Non Current Assets Held For Sale That Will Not Be Reclassified To Profit Or Loss Before Tax NonCurrentAssetsHeldForSaleThatWillNotBeReclassifiedToProfitOrLossBeforeTax	0	eur
CY2022	ifrs-full	Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax	17000000	eur
CY2021	ifrs-full	Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax	-1000000	eur
CY2020	ifrs-full	Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax	-4000000	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments	-497000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments	-171000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments	-917000000	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Hedging Instruments That Hedge Investments In Equity Instruments OtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments	0	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Hedging Instruments That Hedge Investments In Equity Instruments OtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments	0	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Hedging Instruments That Hedge Investments In Equity Instruments OtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments	0	eur
CY2022	san	Changes In The Fair Value Of Equity Instruments Measured At Fair Value Through Other Comprehensive Income Hedged Item ChangesInTheFairValueOfEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeHedgedItem	18000000	eur
CY2021	san	Changes In The Fair Value Of Equity Instruments Measured At Fair Value Through Other Comprehensive Income Hedged Item ChangesInTheFairValueOfEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeHedgedItem	117000000	eur
CY2020	san	Changes In The Fair Value Of Equity Instruments Measured At Fair Value Through Other Comprehensive Income Hedged Item ChangesInTheFairValueOfEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeHedgedItem	4000000	eur
CY2022	san	Changes In The Fair Value Of Equity Instruments Measured At Fair Value Through Other Comprehensive Income Hedging Instrument ChangesInTheFairValueOfEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeHedgingInstrument	-18000000	eur
CY2021	san	Changes In The Fair Value Of Equity Instruments Measured At Fair Value Through Other Comprehensive Income Hedging Instrument ChangesInTheFairValueOfEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeHedgingInstrument	-117000000	eur
CY2020	san	Changes In The Fair Value Of Equity Instruments Measured At Fair Value Through Other Comprehensive Income Hedging Instrument ChangesInTheFairValueOfEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeHedgingInstrument	-4000000	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability	88000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability	-99000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability	31000000	eur
CY2022	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss	-49000000	eur
CY2021	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss	542000000	eur
CY2020	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss	103000000	eur
CY2022	ifrs-full	Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax	-2261000000	eur
CY2021	ifrs-full	Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax	-974000000	eur
CY2020	ifrs-full	Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax	-8776000000	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Hedges Of Net Investments In Foreign Operations OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations	-2467000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Hedges Of Net Investments In Foreign Operations OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations	-1159000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Hedges Of Net Investments In Foreign Operations OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations	2340000000	eur
CY2022	ifrs-full	Gains Losses On Hedges Of Net Investments In Foreign Operations Before Tax GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	-2467000000	eur
CY2021	ifrs-full	Gains Losses On Hedges Of Net Investments In Foreign Operations Before Tax GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	-1159000000	eur
CY2020	ifrs-full	Gains Losses On Hedges Of Net Investments In Foreign Operations Before Tax GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	2340000000	eur
CY2022	ifrs-full	Reclassification Adjustments On Hedges Of Net Investments In Foreign Operations Before Tax ReclassificationAdjustmentsOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	0	eur
CY2021	ifrs-full	Reclassification Adjustments On Hedges Of Net Investments In Foreign Operations Before Tax ReclassificationAdjustmentsOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	0	eur
CY2020	ifrs-full	Reclassification Adjustments On Hedges Of Net Investments In Foreign Operations Before Tax ReclassificationAdjustmentsOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	0	eur
CY2022	san	Other Reclassification Adjustments On Hedges Of Net Investments In Foreign Operations Before Tax OtherReclassificationAdjustmentsOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	0	eur
CY2021	san	Other Reclassification Adjustments On Hedges Of Net Investments In Foreign Operations Before Tax OtherReclassificationAdjustmentsOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	0	eur
CY2020	san	Other Reclassification Adjustments On Hedges Of Net Investments In Foreign Operations Before Tax OtherReclassificationAdjustmentsOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax	0	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Exchange Differences On Translation OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation	3658000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Exchange Differences On Translation OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation	3082000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Exchange Differences On Translation OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation	-11040000000	eur
CY2022	ifrs-full	Gains Losses On Exchange Differences On Translation Before Tax GainsLossesOnExchangeDifferencesOnTranslationBeforeTax	3658000000	eur
CY2021	ifrs-full	Gains Losses On Exchange Differences On Translation Before Tax GainsLossesOnExchangeDifferencesOnTranslationBeforeTax	3082000000	eur
CY2020	ifrs-full	Gains Losses On Exchange Differences On Translation Before Tax GainsLossesOnExchangeDifferencesOnTranslationBeforeTax	-11040000000	eur
CY2022	ifrs-full	Reclassification Adjustments On Exchange Differences On Translation Before Tax ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax	0	eur
CY2021	ifrs-full	Reclassification Adjustments On Exchange Differences On Translation Before Tax ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax	0	eur
CY2020	ifrs-full	Reclassification Adjustments On Exchange Differences On Translation Before Tax ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax	0	eur
CY2022	san	Other Reclassification Adjustments On Exchange Differences On Translation Before Tax OtherReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax	0	eur
CY2021	san	Other Reclassification Adjustments On Exchange Differences On Translation Before Tax OtherReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax	0	eur
CY2020	san	Other Reclassification Adjustments On Exchange Differences On Translation Before Tax OtherReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax	0	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Cash Flow Hedges OtherComprehensiveIncomeBeforeTaxCashFlowHedges	-3016000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Cash Flow Hedges OtherComprehensiveIncomeBeforeTaxCashFlowHedges	-938000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Cash Flow Hedges OtherComprehensiveIncomeBeforeTaxCashFlowHedges	-53000000	eur
CY2022	ifrs-full	Gains Losses On Cash Flow Hedges Before Tax GainsLossesOnCashFlowHedgesBeforeTax	-1762000000	eur
CY2021	ifrs-full	Gains Losses On Cash Flow Hedges Before Tax GainsLossesOnCashFlowHedgesBeforeTax	-1739000000	eur
CY2020	ifrs-full	Gains Losses On Cash Flow Hedges Before Tax GainsLossesOnCashFlowHedgesBeforeTax	799000000	eur
CY2022	ifrs-full	Reclassification Adjustments On Cash Flow Hedges Before Tax ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax	1254000000	eur
CY2021	ifrs-full	Reclassification Adjustments On Cash Flow Hedges Before Tax ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax	-801000000	eur
CY2020	ifrs-full	Reclassification Adjustments On Cash Flow Hedges Before Tax ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax	852000000	eur
CY2022	ifrs-full	Amounts Removed From Equity And Included In Carrying Amount Of Nonfinancial Asset Liability Whose Acquisition Or Incurrence Was Hedged Highly Probable Forecast Transaction Before Tax AmountsRemovedFromEquityAndIncludedInCarryingAmountOfNonfinancialAssetLiabilityWhoseAcquisitionOrIncurrenceWasHedgedHighlyProbableForecastTransactionBeforeTax	0	eur
CY2021	ifrs-full	Amounts Removed From Equity And Included In Carrying Amount Of Nonfinancial Asset Liability Whose Acquisition Or Incurrence Was Hedged Highly Probable Forecast Transaction Before Tax AmountsRemovedFromEquityAndIncludedInCarryingAmountOfNonfinancialAssetLiabilityWhoseAcquisitionOrIncurrenceWasHedgedHighlyProbableForecastTransactionBeforeTax	0	eur
CY2020	ifrs-full	Amounts Removed From Equity And Included In Carrying Amount Of Nonfinancial Asset Liability Whose Acquisition Or Incurrence Was Hedged Highly Probable Forecast Transaction Before Tax AmountsRemovedFromEquityAndIncludedInCarryingAmountOfNonfinancialAssetLiabilityWhoseAcquisitionOrIncurrenceWasHedgedHighlyProbableForecastTransactionBeforeTax	0	eur
CY2022	san	Other Reclassification Adjustments On Cash Flow Hedges Before Tax OtherReclassificationAdjustmentsOnCashFlowHedgesBeforeTax	0	eur
CY2021	san	Other Reclassification Adjustments On Cash Flow Hedges Before Tax OtherReclassificationAdjustmentsOnCashFlowHedgesBeforeTax	0	eur
CY2020	san	Other Reclassification Adjustments On Cash Flow Hedges Before Tax OtherReclassificationAdjustmentsOnCashFlowHedgesBeforeTax	0	eur
CY2022	san	Other Comprehensive Income Before Tax Hedging Instruments Not Designated OtherComprehensiveIncomeBeforeTaxHedgingInstrumentsNotDesignated	0	eur
CY2021	san	Other Comprehensive Income Before Tax Hedging Instruments Not Designated OtherComprehensiveIncomeBeforeTaxHedgingInstrumentsNotDesignated	0	eur
CY2020	san	Other Comprehensive Income Before Tax Hedging Instruments Not Designated OtherComprehensiveIncomeBeforeTaxHedgingInstrumentsNotDesignated	0	eur
CY2022	san	Gains Losses On Remeasuring Hedging Instruments Not Designated Before Tax GainsLossesOnRemeasuringHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2021	san	Gains Losses On Remeasuring Hedging Instruments Not Designated Before Tax GainsLossesOnRemeasuringHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2020	san	Gains Losses On Remeasuring Hedging Instruments Not Designated Before Tax GainsLossesOnRemeasuringHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2022	san	Reclassification Adjustments On Hedging Instruments Not Designated Before Tax ReclassificationAdjustmentsOnHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2021	san	Reclassification Adjustments On Hedging Instruments Not Designated Before Tax ReclassificationAdjustmentsOnHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2020	san	Reclassification Adjustments On Hedging Instruments Not Designated Before Tax ReclassificationAdjustmentsOnHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2022	san	Other Reclassification Adjustments On Hedging Instruments Not Designated Before Tax OtherReclassificationAdjustmentsOnHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2021	san	Other Reclassification Adjustments On Hedging Instruments Not Designated Before Tax OtherReclassificationAdjustmentsOnHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2020	san	Other Reclassification Adjustments On Hedging Instruments Not Designated Before Tax OtherReclassificationAdjustmentsOnHedgingInstrumentsNotDesignatedBeforeTax	0	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	-2086000000	eur
CY2021	ifrs-full	Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	-3250000000	eur
CY2020	ifrs-full	Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	-100000000	eur
CY2022	ifrs-full	Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	-2591000000	eur
CY2021	ifrs-full	Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	-3063000000	eur
CY2020	ifrs-full	Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	692000000	eur
CY2022	ifrs-full	Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax ReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	99000000	eur
CY2021	ifrs-full	Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax ReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	545000000	eur
CY2020	ifrs-full	Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax ReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	1165000000	eur
CY2022	san	Other Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax OtherReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	604000000	eur
CY2021	san	Other Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax OtherReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	358000000	eur
CY2020	san	Other Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax OtherReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax	373000000	eur
CY2022	san	Other Comprehensive Income Before Tax Non Current Assets Classified As Held For Sale OtherComprehensiveIncomeBeforeTaxNonCurrentAssetsClassifiedAsHeldForSale	0	eur
CY2021	san	Other Comprehensive Income Before Tax Non Current Assets Classified As Held For Sale OtherComprehensiveIncomeBeforeTaxNonCurrentAssetsClassifiedAsHeldForSale	0	eur
CY2020	san	Other Comprehensive Income Before Tax Non Current Assets Classified As Held For Sale OtherComprehensiveIncomeBeforeTaxNonCurrentAssetsClassifiedAsHeldForSale	0	eur
CY2022	san	Gains Losses On Non Current Assets Classified As Held For Sale Before Tax GainsLossesOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2021	san	Gains Losses On Non Current Assets Classified As Held For Sale Before Tax GainsLossesOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2020	san	Gains Losses On Non Current Assets Classified As Held For Sale Before Tax GainsLossesOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2022	san	Reclassification Adjustments On Non Current Assets Classified As Held For Sale Before Tax ReclassificationAdjustmentsOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2021	san	Reclassification Adjustments On Non Current Assets Classified As Held For Sale Before Tax ReclassificationAdjustmentsOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2020	san	Reclassification Adjustments On Non Current Assets Classified As Held For Sale Before Tax ReclassificationAdjustmentsOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2022	san	Other Reclassification Adjustments On Non Current Assets Classified As Held For Sale Before Tax OtherReclassificationAdjustmentsOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2021	san	Other Reclassification Adjustments On Non Current Assets Classified As Held For Sale Before Tax OtherReclassificationAdjustmentsOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2020	san	Other Reclassification Adjustments On Non Current Assets Classified As Held For Sale Before Tax OtherReclassificationAdjustmentsOnNonCurrentAssetsClassifiedAsHeldForSaleBeforeTax	0	eur
CY2022	ifrs-full	Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net Of Tax ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax	85000000	eur
CY2021	ifrs-full	Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net Of Tax ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax	19000000	eur
CY2020	ifrs-full	Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net Of Tax ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax	-151000000	eur
CY2022	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss	-1565000000	eur
CY2021	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss	-1272000000	eur
CY2020	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss	-228000000	eur
CY2022	ifrs-full	Comprehensive Income ComprehensiveIncome	8104000000	eur
CY2021	ifrs-full	Comprehensive Income ComprehensiveIncome	9433000000	eur
CY2020	ifrs-full	Comprehensive Income ComprehensiveIncome	-17502000000	eur
CY2022	ifrs-full	Comprehensive Income Attributable To Noncontrolling Interests ComprehensiveIncomeAttributableToNoncontrollingInterests	1410000000	eur
CY2021	ifrs-full	Comprehensive Income Attributable To Noncontrolling Interests ComprehensiveIncomeAttributableToNoncontrollingInterests	1255000000	eur
CY2020	ifrs-full	Comprehensive Income Attributable To Noncontrolling Interests ComprehensiveIncomeAttributableToNoncontrollingInterests	245000000	eur
CY2022	ifrs-full	Comprehensive Income Attributable To Owners Of Parent ComprehensiveIncomeAttributableToOwnersOfParent	6694000000	eur
CY2021	ifrs-full	Comprehensive Income Attributable To Owners Of Parent ComprehensiveIncomeAttributableToOwnersOfParent	8178000000	eur
CY2020	ifrs-full	Comprehensive Income Attributable To Owners Of Parent ComprehensiveIncomeAttributableToOwnersOfParent	-17747000000	eur
CY2021Q4	ifrs-full	Equity Equity	97053000000	eur
CY2022	ifrs-full	Comprehensive Income ComprehensiveIncome	8104000000	eur
CY2022	san	Increase Decrease In Equity Other Than Comprehensive Income IncreaseDecreaseInEquityOtherThanComprehensiveIncome	-7572000000	eur
CY2022	ifrs-full	Issue Of Equity IssueOfEquity	9000000	eur
CY2022	san	Issuance Of Preferred Shares IssuanceOfPreferredShares	0	eur
CY2022	san	Issuance Of Other Financial Instruments IssuanceOfOtherFinancialInstruments	0	eur
CY2022	san	Maturity Of Other Financial Instruments MaturityOfOtherFinancialInstruments	756000000	eur
CY2022	ifrs-full	Increase Decrease Through Conversion Of Convertible Instruments IncreaseDecreaseThroughConversionOfConvertibleInstruments	0	eur
CY2022	ifrs-full	Reduction Of Issued Capital ReductionOfIssuedCapital	0	eur
CY2022	ifrs-full	Dividends Paid DividendsPaid	2348000000	eur
CY2022	ifrs-full	Purchase Of Treasury Shares PurchaseOfTreasuryShares	2050000000	eur
CY2022	ifrs-full	Cancellation Of Treasury Shares CancellationOfTreasuryShares	570000000	eur
CY2022	san	Transfer From Equity To Liabilities TransferFromEquityToLiabilities	0	eur
CY2022	san	Transfer From Liabilities To Equity TransferFromLiabilitiesToEquity	0	eur
CY2022	san	Increase Decrease Through Transfers Between Equity Items IncreaseDecreaseThroughTransfersBetweenEquityItems	0	eur
CY2022	ifrs-full	Increase Decrease Through Acquisition Of Subsidiary IncreaseDecreaseThroughAcquisitionOfSubsidiary	31000000	eur
CY2022	ifrs-full	Increase Decrease Through Sharebased Payment Transactions IncreaseDecreaseThroughSharebasedPaymentTransactions	-49000000	eur
CY2022	ifrs-full	Increase Decrease Through Transfers And Other Changes Equity IncreaseDecreaseThroughTransfersAndOtherChangesEquity	-2979000000	eur
CY2022Q4	ifrs-full	Equity Equity	97585000000	eur
CY2020Q4	ifrs-full	Equity Equity	91322000000	eur
CY2021	ifrs-full	Comprehensive Income ComprehensiveIncome	9433000000	eur
CY2021	san	Increase Decrease In Equity Other Than Comprehensive Income IncreaseDecreaseInEquityOtherThanComprehensiveIncome	-3702000000	eur
CY2021	ifrs-full	Issue Of Equity IssueOfEquity	17000000	eur
CY2021	san	Issuance Of Preferred Shares IssuanceOfPreferredShares	0	eur
CY2021	san	Issuance Of Other Financial Instruments IssuanceOfOtherFinancialInstruments	0	eur
CY2021	san	Maturity Of Other Financial Instruments MaturityOfOtherFinancialInstruments	0	eur
CY2021	ifrs-full	Increase Decrease Through Conversion Of Convertible Instruments IncreaseDecreaseThroughConversionOfConvertibleInstruments	0	eur
CY2021	ifrs-full	Reduction Of Issued Capital ReductionOfIssuedCapital	0	eur
CY2021	ifrs-full	Dividends Paid DividendsPaid	1961000000	eur
CY2021	ifrs-full	Purchase Of Treasury Shares PurchaseOfTreasuryShares	1645000000	eur
CY2021	ifrs-full	Cancellation Of Treasury Shares CancellationOfTreasuryShares	843000000	eur
CY2021	san	Transfer From Equity To Liabilities TransferFromEquityToLiabilities	0	eur
CY2021	san	Transfer From Liabilities To Equity TransferFromLiabilitiesToEquity	0	eur
CY2021	san	Increase Decrease Through Transfers Between Equity Items IncreaseDecreaseThroughTransfersBetweenEquityItems	0	eur
CY2021	ifrs-full	Increase Decrease Through Acquisition Of Subsidiary IncreaseDecreaseThroughAcquisitionOfSubsidiary	-5000000	eur
CY2021	ifrs-full	Increase Decrease Through Sharebased Payment Transactions IncreaseDecreaseThroughSharebasedPaymentTransactions	-62000000	eur
CY2021	ifrs-full	Increase Decrease Through Transfers And Other Changes Equity IncreaseDecreaseThroughTransfersAndOtherChangesEquity	-889000000	eur
CY2021Q4	ifrs-full	Equity Equity	97053000000	eur
CY2019Q4	ifrs-full	Equity Equity	110659000000	eur
CY2020	ifrs-full	Comprehensive Income ComprehensiveIncome	-17502000000	eur
CY2020	san	Increase Decrease In Equity Other Than Comprehensive Income IncreaseDecreaseInEquityOtherThanComprehensiveIncome	-1835000000	eur
CY2020	ifrs-full	Issue Of Equity IssueOfEquity	364000000	eur
CY2020	san	Issuance Of Preferred Shares IssuanceOfPreferredShares	0	eur
CY2020	san	Issuance Of Other Financial Instruments IssuanceOfOtherFinancialInstruments	0	eur
CY2020	san	Maturity Of Other Financial Instruments MaturityOfOtherFinancialInstruments	0	eur
CY2020	ifrs-full	Increase Decrease Through Conversion Of Convertible Instruments IncreaseDecreaseThroughConversionOfConvertibleInstruments	0	eur
CY2020	ifrs-full	Reduction Of Issued Capital ReductionOfIssuedCapital	0	eur
CY2020	ifrs-full	Dividends Paid DividendsPaid	826000000	eur
CY2020	ifrs-full	Purchase Of Treasury Shares PurchaseOfTreasuryShares	758000000	eur
CY2020	ifrs-full	Cancellation Of Treasury Shares CancellationOfTreasuryShares	721000000	eur
CY2020	san	Transfer From Equity To Liabilities TransferFromEquityToLiabilities	0	eur
CY2020	san	Transfer From Liabilities To Equity TransferFromLiabilitiesToEquity	0	eur
CY2020	san	Increase Decrease Through Transfers Between Equity Items IncreaseDecreaseThroughTransfersBetweenEquityItems	0	eur
CY2020	ifrs-full	Increase Decrease Through Acquisition Of Subsidiary IncreaseDecreaseThroughAcquisitionOfSubsidiary	-54000000	eur
CY2020	ifrs-full	Increase Decrease Through Sharebased Payment Transactions IncreaseDecreaseThroughSharebasedPaymentTransactions	-53000000	eur
CY2020	ifrs-full	Increase Decrease Through Transfers And Other Changes Equity IncreaseDecreaseThroughTransfersAndOtherChangesEquity	-1229000000	eur
CY2020Q4	ifrs-full	Equity Equity	91322000000	eur
CY2022	ifrs-full	Cash Flows From Used In Operating Activities CashFlowsFromUsedInOperatingActivities	27706000000	eur
CY2021	ifrs-full	Cash Flows From Used In Operating Activities CashFlowsFromUsedInOperatingActivities	56691000000	eur
CY2020	ifrs-full	Cash Flows From Used In Operating Activities CashFlowsFromUsedInOperatingActivities	66153000000	eur
CY2022	ifrs-full	Profit Loss ProfitLoss	10764000000	eur
CY2021	ifrs-full	Profit Loss ProfitLoss	9653000000	eur
CY2020	ifrs-full	Profit Loss ProfitLoss	-7708000000	eur
CY2022	ifrs-full	Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital	23970000000	eur
CY2021	ifrs-full	Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital	21363000000	eur
CY2020	ifrs-full	Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital	37836000000	eur
CY2022	ifrs-full	Adjustments For Depreciation And Amortisation Expense AdjustmentsForDepreciationAndAmortisationExpense	2985000000	eur
CY2021	ifrs-full	Adjustments For Depreciation And Amortisation Expense AdjustmentsForDepreciationAndAmortisationExpense	2756000000	eur
CY2020	ifrs-full	Adjustments For Depreciation And Amortisation Expense AdjustmentsForDepreciationAndAmortisationExpense	2810000000	eur
CY2022	ifrs-full	Other Adjustments For Noncash Items OtherAdjustmentsForNoncashItems	20985000000	eur
CY2021	ifrs-full	Other Adjustments For Noncash Items OtherAdjustmentsForNoncashItems	18607000000	eur
CY2020	ifrs-full	Other Adjustments For Noncash Items OtherAdjustmentsForNoncashItems	35026000000	eur
CY2022	san	Adjustments For Decrease Increase In Operating Assets AdjustmentsForDecreaseIncreaseInOperatingAssets	-108774000000	eur
CY2021	san	Adjustments For Decrease Increase In Operating Assets AdjustmentsForDecreaseIncreaseInOperatingAssets	-27258000000	eur
CY2020	san	Adjustments For Decrease Increase In Operating Assets AdjustmentsForDecreaseIncreaseInOperatingAssets	-51385000000	eur
CY2022	ifrs-full	Adjustments For Decrease Increase In Financial Assets Held For Trading AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading	-30837000000	eur
CY2021	ifrs-full	Adjustments For Decrease Increase In Financial Assets Held For Trading AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading	-2064000000	eur
CY2020	ifrs-full	Adjustments For Decrease Increase In Financial Assets Held For Trading AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading	-12390000000	eur
CY2022	san	Adjustments For Decrease Increase In Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss AdjustmentsForDecreaseIncreaseInNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss	-218000000	eur
CY2021	san	Adjustments For Decrease Increase In Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss AdjustmentsForDecreaseIncreaseInNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss	-969000000	eur
CY2020	san	Adjustments For Decrease Increase In Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss AdjustmentsForDecreaseIncreaseInNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss	275000000	eur
CY2022	san	Adjustments For Decrease Increase In Financial Assets At Fair Value Through Profit Or Loss AdjustmentsForDecreaseIncreaseInFinancialAssetsAtFairValueThroughProfitOrLoss	7083000000	eur
CY2021	san	Adjustments For Decrease Increase In Financial Assets At Fair Value Through Profit Or Loss AdjustmentsForDecreaseIncreaseInFinancialAssetsAtFairValueThroughProfitOrLoss	32746000000	eur
CY2020	san	Adjustments For Decrease Increase In Financial Assets At Fair Value Through Profit Or Loss AdjustmentsForDecreaseIncreaseInFinancialAssetsAtFairValueThroughProfitOrLoss	10314000000	eur
CY2022	san	Adjustments For Decrease Increase In Financial Assets At Fair Value Through Other Comprehensive Income AdjustmentsForDecreaseIncreaseInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome	22358000000	eur
CY2021	san	Adjustments For Decrease Increase In Financial Assets At Fair Value Through Other Comprehensive Income AdjustmentsForDecreaseIncreaseInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome	9152000000	eur
CY2020	san	Adjustments For Decrease Increase In Financial Assets At Fair Value Through Other Comprehensive Income AdjustmentsForDecreaseIncreaseInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome	-6549000000	eur
CY2022	san	Adjustments For Decrease Increase In Financial Assets At Amortised Cost AdjustmentsForDecreaseIncreaseInFinancialAssetsAtAmortisedCost	-105618000000	eur
CY2021	san	Adjustments For Decrease Increase In Financial Assets At Amortised Cost AdjustmentsForDecreaseIncreaseInFinancialAssetsAtAmortisedCost	-73181000000	eur
CY2020	san	Adjustments For Decrease Increase In Financial Assets At Amortised Cost AdjustmentsForDecreaseIncreaseInFinancialAssetsAtAmortisedCost	-43541000000	eur
CY2022	ifrs-full	Adjustments For Decrease Increase In Other Assets AdjustmentsForDecreaseIncreaseInOtherAssets	-1542000000	eur
CY2021	ifrs-full	Adjustments For Decrease Increase In Other Assets AdjustmentsForDecreaseIncreaseInOtherAssets	7058000000	eur
CY2020	ifrs-full	Adjustments For Decrease Increase In Other Assets AdjustmentsForDecreaseIncreaseInOtherAssets	506000000	eur
CY2022	san	Adjustments For Increase Decrease In Operating Liabilities AdjustmentsForIncreaseDecreaseInOperatingLiabilities	107244000000	eur
CY2021	san	Adjustments For Increase Decrease In Operating Liabilities AdjustmentsForIncreaseDecreaseInOperatingLiabilities	56945000000	eur
CY2020	san	Adjustments For Increase Decrease In Operating Liabilities AdjustmentsForIncreaseDecreaseInOperatingLiabilities	90356000000	eur
CY2022	ifrs-full	Adjustments For Increase Decrease In Financial Liabilities Held For Trading AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesHeldForTrading	29533000000	eur
CY2021	ifrs-full	Adjustments For Increase Decrease In Financial Liabilities Held For Trading AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesHeldForTrading	-1386000000	eur
CY2020	ifrs-full	Adjustments For Increase Decrease In Financial Liabilities Held For Trading AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesHeldForTrading	7880000000	eur
CY2022	san	Adjustments For Increase Decrease In Financial Liabilities Designated At Fair Value Through Profit Or Loss AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss	25595000000	eur
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CY2022	ifrs-full	Disclosure Of Basis Of Preparation Of Financial Statements Explanatory DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory	Introduction, basis of presentation of the consolidated financial statements (consolidated annual accounts) and other information<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Introduction</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander, S.A. ('the parent' or 'Banco Santander'), is a private-law entity subject to the rules and regulations applicable to banks operating in Spain, where it was constituted and currently maintains its legal domicile, which is paseo de Pereda, numbers 9 to 12, 39004, Santander, Spain.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The principal headquarters of Banco Santander are located in Ciudad Grupo Santander, Avenida Cantabria s/n, 28660, Boadilla del Monte, Madrid, Spain.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The corporate purpose of Banco Santander, S.A., mainly entails carrying out all kinds of activities, operations and services inherent to the banking business in general and permitted by current legislation, and the acquisition, holding, enjoyment and disposal of all kinds of securities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to the operations carried on directly by it, Banco Santander is the head of a group of subsidiaries that engage in various business activities and which compose, together with it, Grupo Santander ('Santander' or 'the Group'). Therefore, Banco Santander is obliged to prepare, in addition to its own separate financial statements, the Group's consolidated financial statements, which also include the interests in joint ventures and investments in associates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, Grupo Santander consisted of 743 subsidiaries of Banco Santander, S.A. In addition, other 170 companies are associates of the Group, joint ventures or companies of which the Group holds more than 5% (excluding the Group companies of negligible interest with respect to the fair presentation that the annual accounts must express).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander consolidated financial statements for 2020 were approved by the shareholders at the group´s annual general meeting on 26 March 2021. Grupo Santander consolidated financial statements for 2021 were approved by the shareholders at the group´s annual general meeting on 1 April 2022. The Group's 2022 consolidated financial statements, the financial statements of the parent and of substantially all the Group companies have not been approved yet by their shareholders at the respective annual general meetings. However, Banco Santander board of directors considers that the aforementioned financial statements will be approved without any significant changes.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Basis of presentation of the consolidated financial statements</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Under Regulation (EC) n.º 1606/2002 of the European Parliament and of the Council of 19 July 2002 all companies governed by the law of an EU Member State and whose securities are admitted to trading on a regulated market of any Member State must prepare their consolidated financial statements for the years beginning on or after 1 January, 2005 in conformity with the International Financial Reporting Standards ('IFRS') previously adopted by the European Union ('EU-IFRS').</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to adapt the accounting system of Spanish credit institutions with the principles and criteria established by the IFRS adopted by the European Union ('EU-IFRS'), the Bank of Spain published circular 4/2017, dated 27 November 2017, on Public and Confidential Financial Reporting Standards and Financial Statement Formats.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2021 and 2020, the Bank of Spain published Circulars 6/2021 of 22 December, 2/2020 and 3/2020 of 11 June, amending Circular 4/2017 of 27 November to credit institutions on Public and Confidential Financial Reporting Standards and Financial Statement Formats.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander consolidated financial statements for 2022 were authorised by the Bank's directors (at the board meeting on 27 February 2023) in accordance with International Financial Reporting Standards as adopted by the European Union and with Bank of Spain circular 4/2017 and subsequent modifications, and Spanish corporate and commercial law applicable to the Group, using the basis of consolidation, accounting policies and measurement bases set forth in note 2, accordingly, they present fairly the Group's equity and financial position at 31 December 2022, 2021 and 2020 and the consolidated results of its operations and the consolidated cash flows in 2022, 2021 and 2020. These consolidated annual accounts have been prepared on the basis of the accounting records held by Banco Santander and by each of the other companies of the Group, and include the adjustments and reclassifications required to standardise the accounting policies and valuation criteria applied by Grupo Santander. The consolidated financial statements are also in compliance with IFRS as issued by the International Accounting Standards Board ('IFRS – IASB' and together with IFRS adopted by the European Union, 'IFRS').</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The notes to the consolidated financial statements contain additional information to that presented in the consolidated balance sheet, consolidated income statement, consolidated statement of recognised income and expense, consolidated statement of changes in total equity and consolidated statement of cash flows. The notes provide, in a clear, relevant, reliable and comparable manner, narrative descriptions and breakdowns of these statements.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The figures of the consolidated annual accounts are presented in millions of euros unless another alternative monetary unit is indicated, rounded to the nearest million unit.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Adoption of new standards and interpretations issued</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following modifications came into force and were adopted by the European Union in 2022:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amendment to IFRS 3 Business Combinations: to update the references to the Conceptual Framework for Financial Reporting and add an exception for the recognition of liabilities and contingent liabilities within the scope of IAS 37 Provisions, Contingent Liabilities and Contingent Assets and IFRIC 21 Levies. The amendments also confirm that an acquirer should not recognize contingent assets acquired in a business combination. Applicable from 1 January 2022.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amendment to IAS 16 Property, Plant and Equipment: prevents an entity from deducting from the cost of an item of property, plant and equipment any revenue from the sale of finished goods while the entity is preparing the item for its intended use. It is also clear that an entity is "testing whether the asset is functioning properly" when evaluating the technical and physical performance of the asset. The financial performance of the asset should not be taken into account for this evaluation. Additionally, entities should disclose separately the amounts of income and expenses related to finished goods that are not the product of the entity's ordinary activities. Applicable from 1 January 2022.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amendment to IAS 37 Provisions, Contingent Liabilities and Contingent Assets: clarifies that the direct costs of fulfilling a contract include both the incremental costs of fulfilling the contract and an allocation of other costs directly related to fulfilling contracts. Before recognising a separate provision for an onerous contract, the entity recognises any impairment loss that has occurred on assets used in fulfilling the contract. Applicable from 1 January 2022.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amendment to IFRS Cycle (2018-2020): introduces minor amendments, applicable from 1 January 2022, to the following standards:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">IFRS 9 Financial Instruments: clarifies which rates must be included in the 10% test for derecognition of financial liabilities.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">IFRS 16 Leases: amendment to remove possible confusion regarding the treatment of leasing incentives in the application of IFRS 16 Leases.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">IFRS 1, in relation to the first-time adoption of International Financial Reporting Standards, allows entities that have measured their assets and liabilities at the carrying amounts recorded in their parent's books to also measure any cumulative translation differences using the amounts reported by the parent. This amendment also applies to associates and joint ventures that have adopted the same exemption from IFRS 1.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The application of the aforementioned amendments to accounting standards and interpretations did not have any material effects on Grupo Santander consolidated financial statements.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, at the date of approval of these consolidated annual accounts, the following standards which effectively came into force have effective dates after 31 December 2022:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">IFRS 17 Insurance Contracts and amendments to IFRS 17: new general accounting standard for insurance contracts, which includes the recognition, measurement, presentation and disclosure of information. Insurance contracts combine financial and service provision features that, in many cases, generate variable long- term cash flows. To properly reflect these characteristics, IFRS 17 combines the measurement of future cash flows with the recording of the contract result during the period in which the service is provided, presents separately the financial results from the results for the provision of the service and allows entities, through the choice of an accounting policy option, to recognize the financial results in the income statement or in other comprehensive income. In accordance with current regulations, it will be applicable retrospectively from 1 January, 2023.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group has carried out a project to implement IFRS 17 with all the Group entities affected and has prepared an accounting policy that establishes the accounting criteria for insurance contracts.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has concluded the analysis of the effects of this new standard without having identified any material impact on its consolidated financial statements due to its application, except for a balance sheet reclassification, recorded at 1 January 2023, amounting to EUR 16,025 million, from the heading 'Financial liabilities at amortized cost' to 'Liabilities under insurance or reinsurance contracts', related to the different treatment that this new standard establishes for the components of an insurance contract.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The amendments to IAS 1 Presentation of Financial Statements require companies to disclose material information about their accounting policies rather than their significant accounting policies. It will be applicable from 1 January 2023.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors clarifies how to distinguish changes in accounting policies, which are generally applied retrospectively, from changes in accounting estimates, which are generally applied prospectively. It will be applicable from 1 January 2023.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The amendments to IAS 12 Income Taxes require companies to recognise deferred tax on transactions that, on initial recognition, give rise to equal amounts of taxable and deductible temporary differences. In addition, entities should recognise deferred tax assets (to the extent that it is probable that they can be utilised) and deferred tax liabilities at the beginning of the earliest comparative period for all deductible and taxable temporary differences associated with:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Right-of-use assets and lease liabilities.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Decommissioning, restoration and similar liabilities, and the corresponding amounts recognised as part of the cost of the related assets.</span></div></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The cumulative effect of recognising these adjustments is recognised in retained earnings, or another component of equity, as appropriate. It will be applicable from 1 January 2023.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Finally, at the date of approval of these consolidated annual accounts, the following standards which effectively come into force after 31 December 2022 had not yet been adopted by the European Union:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Classification of Liabilities, amendments to IAS 1 Presentation of Financial Statements, considering non-current liabilities those in which the entity has the possibility of deferring payment for more than 12 months from the closing date of the reporting period. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, during 2022, an additional amendment to IAS 1 on the classification of liabilities with covenants as current or non-current has been included, specifying that covenants that must be complied with after the reporting date do not affect the classification of liabilities and require additionally their respective breakdowns.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">It must be applied retrospectively in accordance with the normal requirements in IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. It will apply from 1 January 2024.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:130%;padding-left:3.82pt">Amendment to IFRS 16 Lease Liability in a Sale and Leaseback requires a seller-lessee to subsequently measure lease liabilities arising from a leaseback without recognising any amount of the gain or loss that relates to the right of use retained. This new requirement does not prevent a seller-lessee from recognising in profit or loss any gain or loss relating to the partial or full termination of a lease. It will be applied retrospectively from 1 January 2024.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander is currently analyzing the possible effects of these new standards and interpretations, and unless expressly indicated otherwise, no significant impacts are expected from their application.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">All accounting policies and measurement bases with a material effect on the consolidated financial statements for 2022 were applied in the preparation of these consolidated annual accounts.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Use of critical estimates</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The consolidated results and the determination of consolidated equity are sensitive to the accounting policies, measurement bases and estimates used by the directors of Banco Santander in preparing the consolidated financial statements.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main accounting policies and measurement bases are set forth in note 2.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the consolidated financial statements estimates were occasionally made by the senior management of Grupo Santander in order to quantify certain of the assets, liabilities, income, expenses and obligations reported herein. These estimates, which were made on the basis of the best information available, relate basically to the following:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The impairment losses on certain assets: it applies to financial assets at fair value through other comprehensive income, financial assets at amortised cost, non-current assets held for sale, investments, tangible assets and intangible assets (see notes 6, 7, 10, 12, 13, 16, 17, 18 and 53).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The assumptions used in the actuarial calculation of the post-employment benefit liabilities and commitments and other obligations (see note 25).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The useful life of the tangible and intangible assets (see notes 16 and 18).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The measurement of goodwill arising on consolidation (see note 17).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The calculation of provisions and the consideration of contingent liabilities (see note 25).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The fair value of certain unquoted assets and liabilities (see notes 6, 7, 8, 9, 10, 11, 20, 21 and 22).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The recoverability of deferred tax assets (see note 27).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The fair value of the identifiable assets acquired and the liabilities assumed in business combinations in accordance with IFRS 3 (see note 17).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To update the previous estimates, the Group's management has taken into account the current macroeconomic scenario resulting from the Ukrainian war, as well as the growing level of inflation and the difficulties in the supply chains, which is having a certain impact on the economic evolution and is being closely monitored, and which generates uncertainty in the Group's estimates. For this reason, the Management of the Group has carried out an evaluation of the current situation in accordance with the best information available to date, developing in the notes the main estimates made and the potential impacts of the Ukrainian war and the macroeconomic situation on them during the period ended December 31, 2022 (see notes 17 and 53). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Although these estimates have been made on the basis of the best information available at the end of the year 2022, and considering information updated at the date of preparation of these consolidated annual accounts, it is possible that events that may take place in the future may make it necessary to modify them (upwards or downwards) in the coming years, which would be done, if appropriate, in a prospective manner, recognising the effects of the change in estimate in the corresponding consolidated income statement. </span></div>d) Information relating to 2021 and 2020<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The segment information corresponding to the year ended 31 December 2021 and 2020 were restated for comparative purposes in accordance with the Group's new organizational structure, as required by IFRS 8 (see note 51).</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, the information in notes 46 and 47.c for December 2021 and 2020 corresponding to the staff and branches, respectively, has been restated in accordance with the Group's standardization criteria (see notes 46 and 47.c).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to interpret the changes in the balances with respect to 31 December 2022, it is necessary to take into consideration the exchange rate effect arising from the volume of foreign currency balances held by Grupo Santander in view of its geographic diversity (see note 51.b) and the impact of the appreciation/depreciation of the various currencies against the euro in 2022, based on the exchange rates at the end of 2022: Mexican peso (11.28%), US dollar (6.07%) , Brazilian real (11.85%) , Argentine peso (-38.50%), Sterling pound (-5.26%), Chilean peso (6.08%), and Polish zloty (-1.86%); as well as the evolution of the comparable average rates: Mexican peso (13.48%), US dollar (12.45%), Brazilian real (17.55%), Sterling pound (0.82%), Chilean peso (-2.13%) and Polish zloty (-2.54%).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">e) Capital management </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Regulatory and economic capital</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Credit institutions must meet a number of minimum capital and liquidity requirements. These minimum requirements are governed by the European Capital Requirements Regulation (hereinafter CRR) and the Capital Requirements Directive (hereinafter CRD). In June 2019, these regulations were significantly amended. </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As the Directives need to be transposed into the legal systems of the different Member States in order to be applicable, in the case of Spain, Royal Legislative Decree 7/2021 and Royal Decree 970/2021 were published for this purpose in 2021. In 2022, the transposition of the CRD into Spanish law has been completed with the publication of Bank of Spain Circular 3/2022, which amends Circular 2/2016, on supervision and solvency; Circular 2/2014, on the exercise of various regulatory options of the CRR and Circular 5/2012, addressed to credit institutions and payment service providers, on transparency of banking services and responsibility in the granting of loans.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CRD introduced important modifications such as Pillar 2G regulation ('P2 Guidance' supervisory recommendation on Pillar 2 requirements). On 27 October 2021, the European Commission published the draft review of the European banking legislation: CRR and CRD.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This review completes the implementation of the Basel III reform, which was agreed at the end of 2017 and aims to reduce the variability of risk-weighted assets and improve comparability between banks.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Progress was made in 2022 on discussions about the new texts and the final proposal is expected to be approved in 2023.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The banking package consists of the following elements: 1) Implementation of the final Basel III reforms, 2) Contribution to sustainability and green transition and 3) Stronger supervision: ensuring sound management of EU banks and better protection of financial stability.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The first element is reflected in the Commission's proposal to amend the text of the CRR. This proposal contains changes concerning, among other things, key risk factors, standardised credit risk, internal models, the output floor and operational risk.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The second element, relating to the contribution to sustainability and green transition, is reflected in the fact that the legislative proposals continue to incorporate ESG (environmental, social and governance) factors into the various areas of prudential regulation: governance, supervision, risk management, reporting obligations to competent authorities and disclosure requirements, among other topics. In this regard, it is important to note the Commission's mandate to the European Banking Authority (EBA) to assess whether specific prudential treatment is required for environmental and social risks. In line with this mandate, in 2022, the EBA issued the first consultation on the role of environmental risks within the prudential framework. Based on the feedback received in said consultation, and depending on the final wording of the CRR/CRD, the EBA shall publish a report on the matter.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, the third element, which refers to stronger supervision and protection of financial stability, is expressed in a series of provisions concerning: fit-and-proper requirements, the extension of the scope by revising certain definitions that would cover groups managed by fintechs, and the establishment of third-country branches in the EU in order to achieve greater harmonisation of rules and better supervision of this type of entity.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The European Council's proposal on CRR and CRD was published on 8 November 2022. During 2023, it is expected that the Parliament makes its position text public, which will be followed by the beginning of the trialogues process that will eventually result in the final versions of the regulations.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The new CRR/CRD regulations are expected to enter into force from 1 January 2025.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With regard to the resolution framework, institutions must have an adequate funding structure to ensure that, in the event of financial distress, the institution has sufficient liabilities to absorb losses in order to recover its position or be resolved, while ensuring the protection of depositors and financial stability. The entities must therefore meet several minimum loss-absorbing requirements, named Total Loss-Absorbing Capacity (TLAC) and Minimum Requirement for own funds and Eligible Liabilities (MREL), which are regulated by the CRR and by the Bank Recovery and Resolution Directive (BRRD).</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In June 2019, the CRR introduced the minimum TLAC requirement, which only applies to global systemically important banks (G-SIBs). This requirement involves two metrics, the first is a minimum requirement for own funds and eligible liabilities in terms of a percentage of the total risk exposure amount (TREA), set at 18% from 1 January 2022 once the transition period ended. The second is a metric to set a minimum requirement for own funds and eligible liabilities in terms of a percentage of the average exposure to the Basel III Tier I leverage ratio of 6.75% from 1 January 2022 once the transition period ended.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For large banks (defined as banks with total assets of more than EUR 100 billion) or banks deemed to be systemically important by the resolution authority, the BRRD sets a minimum subordination requirement that will be higher between a 13.5% of risk-weighted assets and 5% of the leverage ratio. For the remaining institutions, the subordination requirement is set by the resolution authority on a case-by-case basis.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 25 October 2022, the regulation on prudential treatment for global systemically important banks was published. This modifies both the CRR and the BRRD as regards prudential treatment of global systemically important banks (G-SIBs) with a multiple point of entry (MPE) resolution strategy, as well as methodologies for the indirect subscription of instruments (Daisy Chains) eligible for meeting the minimum requirement for own funds and eligible liabilities. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This Regulation, known as the 'Quick Fix', covers the following objectives:</span></div><div><span><br/></span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Inclusion in the BRRD and CRR of references to third countries that allow adjustment of the deduction applied for the TLAC holding instruments issued by subsidiaries in third countries based on excess TLAC/MREL at the said subsidiaries, as well as the adjustment where the sum of the requirements for own funds and eligible liabilities of G-SIBs under an MPE strategy exceed the theoretical requirements for the same group under a single point of entry (SPE) strategy. In other words, the latter adjustment is based on a comparison between the two possible resolution strategies.</span></div><div><span><br/></span></div><div style="padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For subsidiaries in jurisdictions without a resolution regime in place, the Regulation provides for a transitional period until 31 December 2024. During this transitional period the entities may adjust the deductions based on excess above capital requirements in subsidiaries in third countries, if they meet certain requirements.</span></div><div><span><br/></span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Inclusion of a deduction scheme for MREL instrument holdings through entities of the same resolution group other than the resolution entity. This Regulation sets a deduction for the intermediate entity (Daisy Chains) that buy instruments issued by another entity as a result of this the deduction. The intermediate entity is obligated to issue the same amount that is repurchasing to the Resolution Entity, transferring internal MREL needs to the Resolution Entity, which will finally cover the required amount with external MREL.</span></div><div><span><br/></span></div><div><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This Regulation is applicable since 14 November 2022, except for the provisions relating to Daisy Chains, which apply since 1 January 2024.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, Deposit Guarantee Schemes (DGSs) are regulated by the Deposit Guarantee Schemes Directive (DSGD), which has not undergone any significant changes since its publication in 2014. It aims to harmonise the deposit guarantee schemes of the Member States, thus ensuring stability and balance in different countries. It creates an appropriate framework for depositors to have better access to DGSs than was the case before the publication of this Directive through clear coverage, shorter repayment periods, better information and robust funding requirements. This Directive is transposed into Spanish law by Royal Decree 2606/1996, with its amendments set forth in Royal Decree 1041/2021.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To ensure that depositors' funds are secured, the DGSs collect funds available through contributions that must be made by their members at least once a year; a target level of 0.8% of the guaranteed deposits total must be met by 3 July 2024. These annual collections are set depending on the guaranteed deposits total and the degree of risk faced by the entities involved in the DGS. The method for calculating contributions is stated in the EBA Guidelines (EBA/GL/2015/10). A review and evaluation process was opened for these Guidelines by the EBA in 2022 (EBA/CP/2022/10).</span></div><div><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, recent market developments have caused substantial increases in energy prices, which have consequently generated increases in the margins required by central counterparty entities (CCPs) to cover exposures. In response to this issue, Delegated Regulation (EU) 2022/2311 was published in November this year, amending Delegated Regulation (EU) 153/2013, which sets forth regulatory technical standards on the requirements that CCPs must meet. The new Regulation broadens the catalogue of guarantees that CCPs can accept as eligible collateral until November 2023.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 Grupo Santander met the minimum capital requirements established by current legislation (see note 53.d).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span><br/></span></div></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Plan for the roll-out of advanced approaches and authorisation from the supervisory authorities </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander remains committed to adopting the Basel II advanced internal ratings-based (AIRB) approach for its banks, increasing the amount of exposure managed using internal models. This approach will be applied progressively over the coming years. The commitment to the supervisory authority means adapting the advanced approaches in the Group's core markets. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This objective of covering IRB models in the group should be seen in the context of the current supervisory focus on the robustness and adequacy of existing models, as well as the simplification strategy recently agreed with ECB.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has supervisory approval to use advanced approaches for calculating regulatory capital for credit risk for the parent and its main subsidiaries in Spain, the United Kingdom and Portugal, and for some portfolios in Germany, Mexico, Brazil, Chile, Nordic countries (Sweden, Finland and Norway), France and the United States. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">f) Environmental impact</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In view of the business activities carried on by the Group entities, the Group does not have any environmental liability, expenses, assets, provisions or contingencies that might be material with respect to its consolidated equity, financial position or results (see note 53.a.).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">g) Events after the reporting perio</span><span style="background-color:#ffffff;color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 28 December 2022 the Law establishing a new temporary levy on credit institutions and financial credit institutions was published in Spain (see note 27 for additional information). On 1 January 2023 an estimated amount of EUR 225 million has been accounted for in accordance with IFRIC 21 due to this new levy.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the agreement reached by the April 2022 general shareholders’ meeting, on 1 February 2023 the board of directors approved a capital reduction, subject to corresponding regulatory authorization from the ECB, of EUR 170,203,286 through the redemption of 340,406,572 shares, representing 2.03% of the capital, acquired in the first share buyback program.</span></div>
CY2022	san	Number Of Subsidiaries NumberOfSubsidiaries	743	subsidiary
CY2022	san	Number Of Associates Joint Ventures Or Listed Companies Of Which Entity Holds More Than Five Percent Interest NumberOfAssociatesJointVenturesOrListedCompaniesOfWhichEntityHoldsMoreThanFivePercentInterest	170	companies
CY2022	san	Rate For Which Group Holding In A Company Is Considered Significant Percent RateForWhichGroupHoldingInACompanyIsConsideredSignificantPercent	0.05
CY2022	ifrs-full	Disclosure Of Accounting Judgements And Estimates Explanatory DisclosureOfAccountingJudgementsAndEstimatesExplanatory	Use of critical estimates<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The consolidated results and the determination of consolidated equity are sensitive to the accounting policies, measurement bases and estimates used by the directors of Banco Santander in preparing the consolidated financial statements.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main accounting policies and measurement bases are set forth in note 2.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the consolidated financial statements estimates were occasionally made by the senior management of Grupo Santander in order to quantify certain of the assets, liabilities, income, expenses and obligations reported herein. These estimates, which were made on the basis of the best information available, relate basically to the following:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The impairment losses on certain assets: it applies to financial assets at fair value through other comprehensive income, financial assets at amortised cost, non-current assets held for sale, investments, tangible assets and intangible assets (see notes 6, 7, 10, 12, 13, 16, 17, 18 and 53).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The assumptions used in the actuarial calculation of the post-employment benefit liabilities and commitments and other obligations (see note 25).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The useful life of the tangible and intangible assets (see notes 16 and 18).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The measurement of goodwill arising on consolidation (see note 17).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The calculation of provisions and the consideration of contingent liabilities (see note 25).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The fair value of certain unquoted assets and liabilities (see notes 6, 7, 8, 9, 10, 11, 20, 21 and 22).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The recoverability of deferred tax assets (see note 27).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The fair value of the identifiable assets acquired and the liabilities assumed in business combinations in accordance with IFRS 3 (see note 17).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To update the previous estimates, the Group's management has taken into account the current macroeconomic scenario resulting from the Ukrainian war, as well as the growing level of inflation and the difficulties in the supply chains, which is having a certain impact on the economic evolution and is being closely monitored, and which generates uncertainty in the Group's estimates. For this reason, the Management of the Group has carried out an evaluation of the current situation in accordance with the best information available to date, developing in the notes the main estimates made and the potential impacts of the Ukrainian war and the macroeconomic situation on them during the period ended December 31, 2022 (see notes 17 and 53). </span></div>Although these estimates have been made on the basis of the best information available at the end of the year 2022, and considering information updated at the date of preparation of these consolidated annual accounts, it is possible that events that may take place in the future may make it necessary to modify them (upwards or downwards) in the coming years, which would be done, if appropriate, in a prospective manner, recognising the effects of the change in estimate in the corresponding consolidated income statement.
CY2022	ifrs-full	Disclosure Of Summary Of Significant Accounting Policies Explanatory DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory	<div style="margin-bottom:6pt;margin-top:18pt"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:12pt;font-weight:700;line-height:110%">2. Accounting p</span><span style="color:#ee2724;font-family:'Santander Text',sans-serif;font-size:12pt;font-weight:700;line-height:110%">olicies</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The accounting policies applied in preparing the consolidated financial statements were as follows:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Foreign currency transactions</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:115%">i. Presentation currency</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander’s functional and presentation currency is the euro. Also, the presentation currency of the Group is the euro.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Translation of foreign currency balances</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Foreign currency balances are translated to euros in two consecutive stages:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Translation of foreign currency to the functional currency (currency of the main economic environment in which the entity operates).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Translation to euros of the balances held in the functional currencies of entities whose functional currency is not the euro.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Translation of foreign currency to the functional currency</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Foreign currency transactions performed by consolidated entities (or entities accounted for using the equity method) not located in European Monetary Union (“EMU”) countries are initially recognised in their respective currencies. Monetary items in foreign currency are subsequently translated to their functional currencies using the closing rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Furthermore:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non-monetary items measured at historical cost are translated to the functional currency at the exchange rate at the date of acquisition.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non-monetary items measured at fair value are translated at the exchange rate at the date when the fair value was determined.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Income and expenses are translated at the average exchange rates for the year for all the transactions performed during the year. When applying this criterion, the Group considers whether there have been significant changes in the exchange rates in the year which, in view of their materiality with respect to the consolidated financial statements taken as a whole, would make it necessary to use the exchange rates at the transaction date rather than the aforementioned average exchange rates.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The balances arising from non-hedging forward foreign currency/foreign currency and foreign currency/euro purchase and sale transactions are translated at the closing rates prevailing in the forward foreign currency market for the related maturity.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Translation of functional currencies to euros</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balances in the financial statements of consolidated entities (or entities accounted for using the equity method) whose functional currency is not the euro are translated to euros as follows:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.46pt">Assets and liabilities, at the closing rates.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.46pt">Income and expenses, at the average exchange rates for the year.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.46pt">Equity items, at the historical exchange rates.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Recognition of exchange differences</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The exchange differences arising on the translation of foreign currency balances to the functional currency are generally recognised at their net amount under 'Exchange differences, net' in the consolidated income statement, except for exchange differences arising on financial instruments at fair value through profit or loss, which are recognised in the consolidated income statement without distinguishing them from other changes in fair value, and for exchange differences arising on non-monetary items measured at fair value through equity, which are recognised under 'Other comprehensive income–Items that may be reclassified to profit or loss–Exchange differences' except for exchange differences on equity instruments, where the option to irrevocably elect to be measured at fair value through changes in accumulated other comprehensive income, which are recognised in accumulated 'Other Comprehensive Income - Items not to be reclassified to profit or loss - Changes in fair value of equity instruments measured at fair value' through other comprehensive income (see note 29).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The exchange differences arising on the translation to euros of the financial statements denominated in functional currencies other than the euro are recognised in 'Other comprehensive income–Items that may be reclassified to profit or loss–Exchange differences' in the consolidated balance sheet, whereas those arising on the translation to euros of the financial statements of entities accounted for using the equity method are recognised in equity under 'Other comprehensive income–Items that may be reclassified to profit or loss and Items not reclassified to profit or loss–Other recognised income and expense' of investments in subsidiaries, joint ventures and associates (see note 29), until the related item is derecognised, at which time they are recognised in profit or loss.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exchange differences arising on actuarial gains or losses when converting to euros the financial statements denominated in the functional currencies of entities whose functional currency is different from the euro are recognised under equity 'Other comprehensive income–Items not reclassified to profit or loss–Actuarial gains or (-) losses' on defined benefit pension plans (see note 29).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Entities located in hyperinflationary economies</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When a subsidiary operates in a country with hyperinflationary economy, IAS 29 Financial Information in Hyperinflationary Economies is applied, which means that:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Historical cost of non-monetary assets and liabilities and of the various items of equity have to be adjusted to reflect the changes in the purchasing power of the currency due to inflation from their date of acquisition or incorporation into the consolidated balance sheet.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The different items of the income statement are adjusted by the inflationary index since their generation, with a balancing entry in 'Other comprehensive income'.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The loss on the net monetary position is recorded in the income for the year against 'Accumulated Other comprehensive income'.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">All components of the financial statements of the subsidiary are translated at the closing exchange rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deterioration of the economic situation in Argentina over the last years caused, among other impacts, a significant increase in inflation, which by the end of 2018 had reached 48% per year (147% accumulated in three years). This led the Group to conclude that it was necessary to apply IAS 29 Financial Information in Hyperinflationary Economies to its activities in the country in question in its consolidated financial statements from that year on.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At that moment, according with Group’s accounting policies, exchange differences arising on the translation to the Group´s presentation currency of financial statements denominated in functional currencies other than euro for subsidiaries located in countries with high inflation rates were recorded in the consolidated statement of changes in total 'Equity-Other reserves'.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">However, on the basis of the meeting held on 3 March 2020 by the International Financial Reporting Standards Committee (IFRIC), in 2020 Grupo Santander changed its accounting policy with regard to the presentation of exchange differences and the effects of hyperinflation in the operations generated in Argentina. This change in accounting policy and its consequent restatement between different equity items has no impact on the total equity of Grupo Santander.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the provisions of the Argentine Federation of Professional Councils in Economic Sciences (Fcpce), which is the organization that issues the professional accounting standards in said country, the inflation indexes applied are the wholesale internal price index (WPI) until 30 November 2016 and the National Consumer Price Index published by the National Institute of Statistics and Censuses (Indec) from 1 December 2016 on. Inflation during 2022 wa</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">s 94.8% for the year </span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">(50.9% at 31 December 2021). The exchange rate at 31 December 2021 has been of </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">189.12 </span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Argentine peso</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">s pe</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">r euro (116.30 Argentine pesos per euro at 31 December 2021).</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, no other country in which the consolidated and associated entities of Grupo Santander are located is considered to have a hyperinflati</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">onary economy in accordance with the criteria establ</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ished in this regard by the International Financial Reporting Standards adopted by the European Union. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Exposure to foreign currency risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander hedges a portion of its long-term foreign currency positions using foreign exchange derivative financial instruments (see note 36). Also, the Group manages foreign exchange risk dynamically by hedging its short-term position (with a potential impact on profit or loss) in order to limit the impact of currency depreciations while optimising the cost of financing the hedges.</span></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following tables show the sensitivity of the consolidated income statement and consolidated equity to percentage changes of ± 1% in the foreign exchange rate positions arising from investments in Grupo Santander companies with currencies other than the euro (with its hedges) and in their results (with its hedges), in which the Group maintains significant balances.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimated effect on the consolidated equity attributable to Grupo Santander and on consolidated profit and loss account of a 1% appreciation of the euro against the corresponding currency is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.250%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated equity</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated profit</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(146.0)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(133.3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(123.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.4)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14.8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.0)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(94.7)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(105.9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(107.9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.5)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27.7)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23.1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21.7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.0)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.0)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(100.1)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(80.8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(75.0)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5.9)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12.6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish zloty</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19.8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27.5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26.7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.3)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17.1)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10.7)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7.9)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.1)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.5)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.8)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Similarly, the estimated effect on the Group’s consolidated equity and on consolidated profit and loss account of a 1% depreciation of the euro against the corresponding currency is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.250%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated equity</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated profit</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148.9 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136.0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">126.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.8 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96.7 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">110.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28.2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102.1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">zloty</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.4 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17.4 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.6 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The above data were obtained as follows:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a) Effect on consolidated equity: in accordance with the accounting policy detailed in note 2.a.iii, foreign exchange rate impact arising on the translation to euros of the financial statements in the functional currencies of the Group entities whose functional currency is not the euro are recognised in consolidated equity. The potential effect that a change in the exchange rates of the related currency would have on the Group’s consolidated equity was therefore determined by applying the aforementioned change to the net value of each unit’s assets and liabilities -including, where appropriate, the related goodwill- and by taking into consideration the offsetting effect of the hedges of net investments in foreign operations.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b) Effect on consolidated profit: the effect was determined by applying the up and down movements in the average exchange rates of the year, as indicated in note 2.a.ii (except in the case of Argentina, which is a hyperinflationary economy and has applied the closing exchange rate), to translate to euros the income and expenses of the consolidated entities whose functional currency is not the euro, taking into consideration, where appropriate, the offsetting effect of the various hedging transactions in place.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimates used to obtain the foregoing data were performed considering the effects of the changes in the exchange rate in standalone basis not considering the effect of the performance of other variables whose changes would affect equity and profit or loss, such as variations in the interest rates of the reference currencies or other market factors. Accordingly, all variables other than the exchange rate variations were kept constant with respect to their positions at 31 December 2022, 2021 and 2020.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Basis of consolidation</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Subsidiaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Subsidiaries are defined as entities over which the Bank has the capacity to exercise control. The Bank controls an entity when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The financial statements of the subsidiaries are fully consolidated with those of the Bank. Accordingly, all balances and effects of the transactions between consolidated companies are eliminated on consolidation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On acquisition of control of a subsidiary, its assets, liabilities and contingent liabilities are recognised at their acquisition-date fair values. Any positive differences between the acquisition cost and the fair values of the identifiable net assets acquired are recognised as goodwill (see note 17). Negative differences are recognised in profit or loss on the date of acquisition.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, the share of third parties of Grupo Santander equity is presented under 'Non-controlling interests' in the consolidated balance sheet (see note 28). Their share of the profit for the year is presented under 'Profit attributable to non-controlling interests' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The results of subsidiaries acquired during the year are included in the consolidated income statement from the date of acquisition to year-end. Similarly, the results of subsidiaries for which control is lost during the year are included in the consolidated income statement from the beginning of the year to the date of disposal.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, apart from the structured consolidated entities, Grupo Santander does not control any company in which it maintains a percentage of direct participation in its share capital of less than 50%. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The appendices contain significant information on the subsidiaries.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Interests in joint ventures</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Joint ventures are deemed to be entities that are not subsidiaries but which are jointly controlled by two or more unrelated entities. This is evidenced by contractual arrangements whereby two or more parties have interests in entities so that decisions about the relevant activities require the unanimous consent of all the parties sharing control.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the consolidated financial statements, investments in joint ventures are accounted for using the equity method, i.e. at the Group’s share of net assets of the investee, after taking into account the dividends received therefrom and other equity eliminations. The profits and losses resulting from transactions with a joint venture are eliminated to the extent of the Group’s interest therein.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The appendices contain relevant information on the joint ventures.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Associates</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Associates are entities over which Banco Santander is in a position to exercise significant influence, but not control or joint control. It is presumed that Banco Santander exercises significant influence if it holds 20% or more of the voting power of the investee.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the consolidated financial statements, investments in associates are accounted for using the equity method, i.e. at the Group’s share of net assets of the investee, after taking into account the dividends received therefrom and other equity eliminations. The profits and losses resulting from transactions with an associate are eliminated to the extent of the Group’s interest in the associate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There are certain investments in entities which, although Grupo Santander owns 20% or more of their voting power, are not considered to be associates because the Group is not in a position to exercise significant influence over them. At 31 December 2022, 2021 and 2020 this was the situation of the investment in Project Quasar Investments 2017, S.L., despite maintaining a 49% interest in its share capital (see appendix II). The remaining investments are not significant for the Group.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There are also certain investments in associates where the Group owns less than 20% of the voting rights, as it is determined that it has the capacity to exercise significant influence over them. The impact of these companies is immaterial in the Group's consolidated financial statements.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The appendices contain significant information on the associates.</span></div><div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:125%">iv. Structured entities</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When Grupo Santander incorporates entities, or holds ownership interests therein, to enable its customers to access certain investments, or for the transfer of risks or other purposes, also called structured entities since the voting, or similar power is not a key factor in deciding who controls the entity, the Group determines, using internal criteria and procedures and taking into consideration the applicable legislation, when control, as defined above, exists and, therefore, whether these entities should be consolidated. Specifically, for those entities to which this policy applies (mainly investment funds and pension funds), the Group analyses the following factors:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Percentage of ownership held by Grupo Santander; 20% is established as the general threshold.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Identification of the fund manager, and verification as to whether it is a company controlled by the Group since this could affect Grupo Santander ability to direct the relevant activities.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Existence of agreements between investors that might require decisions to be taken jointly by the investors, rather than by the fund manager.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Existence of currently exercisable removal rights (possibility of removing the manager from his position), since the existence of such rights might limit the manager’s power over the fund, and it may be concluded that the manager is acting as an agent of the investors.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Analysis of the fund manager’s remuneration regime, taking into consideration that a remuneration regime that is proportionate to the service rendered does not, generally, create exposure of such importance as to indicate that the manager is acting as the principal. Conversely, if the remuneration regime is not proportionate to the service rendered, this might give rise to an exposure that would lead the Group to a different conclusion.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These structured entities also include the securitisation special purpose vehicles, which are consolidated in the case of the Special Purpose Vehicles (SPVs) over which, being exposed to variable yield, it is considered that the Group continues to exercise control.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The exposure associated with unconsolidated structured entities, additional to investments in the equity of investment funds (note 8), are not material with respect to the Group’s consolidated financial statements.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Business combinations</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A business combination is the bringing together of two or more separate entities or economic units into one single entity or group of entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Business combinations whereby Grupo Santander obtains control over an entity or a business are recognised for accounting purposes as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Grupo Santander measures the cost of the business combination, which is normally the consideration transferred, defined as the acquisition-date fair values of the assets transferred, the liabilities incurred to the former owners of the acquiree and the equity instruments issued, if any, by the acquirer. In cases where the amount of the consideration to be transferred has not been definitively established at the acquisition date, but rather depends on future events, any contingent consideration is recognised as part of the consideration transferred and measured at its acquisition-date fair value. Moreover, acquisition-related costs do not for these purposes form part of the cost of the business combination.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The fair values of the assets, liabilities and contingent liabilities of the acquired entity or business, including any intangible assets identified in the business combination which might not have been recognised by the acquiree, are estimated and recognised in the consolidated balance sheet; the Group also estimates the amount of any non-controlling interests and the fair value of the previously held equity interest in the acquiree.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Any positive difference between the aforementioned items is recognised as discussed in note 2.m. Any negative difference is recognised under 'Negative Goodwill' recognised in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Goodwill is only calculated and recognised once, when control of a business or an entity is obtained.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">vi. Changes in the levels of ownership interests in subsidiaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Acquisitions and disposals not giving rise to a change in control are recognised as equity transactions, and no gain or loss is recognised in the income statement and the initially recognised goodwill is not remeasured. The difference between the consideration transferred or received and the decrease or increase in non-controlling interests, respectively, is recognised in reserves.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Similarly, when control over a subsidiary is lost, the assets, liabilities and non-controlling interests and any other items recognised in 'Other Comprehensive income' of that company are derecognised from the consolidated balance sheet, and the fair value of the consideration received and of any remaining equity interest is recognised. The difference between these amounts is recognised in profit or loss.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">vii. Acquisitions and sales</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 3 provides information on the most significant acquisitions and sales in the last three years.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Definitions and classification of financial instruments</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Definitions</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">An equity instrument is a contract that evidences a residual interest in the assets of the issuing entity after deducting all of its liabilities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A financial derivative is a financial instrument whose value changes in response to the change in an observable market variable (such as an interest rate, foreign exchange rate, financial instrument price, market index or credit rating), whose initial investment is very small compared with other financial instruments with a similar response to changes in market factors, and which is generally settled at a future date.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Hybrid financial instruments are contracts that simultaneously include a non-derivative host contract together with a derivative, known as an embedded derivative, that is not separately transferable and has the effect that some of the cash flows of the hybrid contract vary in a way similar to a stand-alone derivative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Compound financial instruments are contracts that simultaneously create for their issuer a financial liability and an own equity instrument (such as convertible bonds, which entitle their holders to convert them into equity instruments of the issuer).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The preference shares contingently convertible into ordinary shares eligible as Additional Tier 1 capital (CCPSs) -perpetual shares, which may be repurchased by the issuer in certain circumstances, the interest on which is discretionary, and would convert into variable number of newly issued ordinary shares if the capital ratio of the Bank or its consolidated group falls below a given percentage (trigger event), as those two terms are defined in the related issue prospectuses are recognised for accounting purposes by the Group as compound instruments. The liability component reflects the issuer’s obligation to deliver a variable number of shares and the equity component reflects the issuer’s discretion in relation to the payment of the related coupons. In order to effect the initial allocation, the Group estimates the fair value of the liability as the amount that would have to be delivered if the trigger event were to occur immediately and, accordingly, the equity component, calculated as the residual amount, is zero. In view of the aforementioned discretionary nature of the payment of the coupons, they are deducted directly from equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Capital perpetual preference shares (CPPS), with the possibility of purchase by the issuer in certain circumstances, whose remuneration is discretionary, and which will be amortised permanently, totally or partially, in the event that the bank or its consolidated group submits a capital ratio lesser than a certain percentage (trigger event), as defined in the corresponding prospectuses, are accounted for by the Group as equity instruments.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following transactions are not treated for accounting purposes as financial instruments:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Investments in associates and joint ventures (see note 13).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Rights and obligations under employee benefit plans (see note 25).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Rights and obligations under insurance contracts (see note 15).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Contracts and obligations relating to employee remuneration based on own equity instruments (see note 34).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Classification of financial assets for measurement purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial assets are initially classified into the various categories used for management and measurement purposes, unless they have to be presented as 'Non-current assets held for sale' or they relate to 'Cash, cash balances at central banks and other deposits on demand', 'Changes in the fair value of hedged items in portfolio hedges of interest rate risk (asset side)', 'Hedging derivatives and Investments', which are reported separately.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Classification of financial instruments: the classification criteria for financial assets depends on the business model for their management and the characteristics of their contractual flows.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander business models refer to the way in which it manages its financial assets to generate cash flows. In defining these models, the Group takes into account the following factors:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">How key management staff are assessed and reported on the performance of the business model and the financial assets held in the business model.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The risks that affect the performance of the business model (and the financial assets held in the business model) and, specifically, the way in which these risks are managed.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">How business managers are remunerated.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The frequency and volume of sales in previous years, as well as expectations of future sales.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The analysis of the characteristics of the contractual flows of financial assets requires an assessment of the congruence of these flows with a basic loan agreement. The Group determines if the contractual cash flows of its financial assets that are only principal and interest payments on the outstanding principal amount at the beginning of the transaction. This analysis takes into consideration four factors (performance, clauses, contractually linked products and currencies). Furthermore, among the most significant judgements used by the Group in carrying out this analysis, the following ones are included:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The return on the financial asset, in particular in cases of periodic interest rate adjustments where the term of the reference rate does not coincide with the frequency of the adjustment. In these cases, an assessment is made to determine whether or not the contractual cash flows differ significantly from the flows without this change in the time value of money, establishing a tolerance level of 5%.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The contractual clauses that may modify the cash flows of the financial asset, for which the structure of the cash flows before and after the activation of such clauses is analysed.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial assets whose cash flows have different priority for payment due to a contractual link to underlying assets (e.g. securitisations) require a look-through analysis by the Group so as to review that both the financial asset and the underlying assets are only principal and interest payments and that the exposure to credit risk of the set of underlying assets belonging to the tranche analysed is less than or equal to the exposure to credit risk of the set of underlying assets of the instrument.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Depending on these factors, the asset can be measured at amortised cost, at fair value with changes in other comprehensive income, or at fair value with changes through profit and loss. IFRS 9 also establishes an option to designate an instrument at fair value with changes in profit or loss, when doing so eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as 'accounting asymmetry') that would otherwise arise from measuring assets or liabilities or recognising gains and losses on different bases.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> Grupo Santander uses the following criteria for the classification of financial debt instruments:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amortised cost: financial instruments under a business model whose objective is to collect principal and interest flows, over which there is no significant unjustified sales and fair value is not a key element in the management of these assets and contractual conditions they give rise to cash flows on specific dates, which are only payments of principal and interest on the outstanding principal amount. In this sense, unjustified sales are considered to be those other than those related to an increase in the credit risk of the asset, unanticipated funding needs (stress case scenarios). Additionally, the characteristics of its contractual flows represent substantially a 'basic financing agreement'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Fair value with changes in other comprehensive income: financial instruments held in a business model whose objective is to collect principal and interest cash flows and the sale of these assets, where fair value is a key factor in their management. Additionally, the contractual cash flow characteristics substantially represent a 'basic financing agreement'.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Fair value with changes in profit or loss: financial instruments included in a business model whose objective is not obtained through the above mentioned models, where fair value is a key factor in managing of these assets, and financial instruments whose contractual cash flow characteristics do not substantially represent a 'basic financing agreement'. In this section it can be enclosed the portfolios classified under 'Financial assets held for trading', 'Non-trading financial assets mandatorily at fair value through profit or loss' and 'Financial assets at fair value through profit or loss'. In this regard, most of the financial assets presented in the category of 'Financial assets designated at value reasonable with change in results' are instruments financial services that, not being part of the portfolio of negotiation, are contracted jointly with other financial instruments that are recorded in the category of 'held for trading', and that by both are recorded at fair value with changes in results, so your record in any other category would produce accounting asymmetries.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Equity instruments will be classified at fair value under IFRS 9, with changes in profit or loss, unless the Group decides, for non-trading assets, to classify them at fair value with changes in other comprehensive income (irrevocably) at initial recognition.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Classification of financial assets for presentation purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial assets are classified by nature into the following items in the consolidated balance sheet:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Cash, cash balances at Central Banks and other deposits on demand: cash balances and balances receivable on demand relating to deposits with central banks and credit institutions.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Loans and advances: includes the debit balances of all credit and loans granted by the Group, other than those represented by securities, as well as finance lease receivables and other debit balances of a financial nature in favour of the Group such as cheques drawn on credit institutions, balances receivable from clearing houses and settlement agencies for transactions on the stock exchange and organised markets, bonds given in cash, capital calls, fees and commissions receivable for financial guarantees and debit balances arising from transactions not originating in banking transactions and services, such as the collection of rentals and similar items. They are classified, on the basis of the institutional sector to which the debtor belongs, into:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Central banks: credit of any nature, including deposits and money market transactions received from the Bank of Spain or other central banks.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Credit institutions: credit of any nature, including deposits and money market transactions, in the name of credit institutions.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Customers: includes the remaining credit, including money market transactions through central counterparties.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Debt securities: bonds and other securities that represent a debt for their issuer, that generate an interest return, and that are in the form of certificates or book entries.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Equity instruments: financial instruments issued by other entities, such as shares, which have the nature of equity instruments for the issuer, other than investments in subsidiaries, joint ventures or associates. Investment fund units are included in this item.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Derivatives: includes the fair value in favour of the Group of derivatives which do not form part of hedge accounting, including embedded derivatives separated from hybrid financial instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Changes in the fair value of hedged items in portfolio hedges of interest rate risk: this item is the balancing entry for the amounts credited to the consolidated income statement in respect of the measurement of the portfolios of financial instruments which are effectively hedged against interest rate risk through fair value hedging derivatives. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Hedging derivatives: Includes the fair value in favour of the Group of derivatives, including embedded derivatives separated from hybrid financial instruments, designated as hedging instruments in hedge accounting.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Classification of financial liabilities for measurement purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial liabilities are initially classified into the various categories used for management and measurement purposes, unless they have to be presented as 'Liabilities associated with non-current assets held for sale' or they relate to 'Hedging derivatives' or changes in the fair value of hedged items in portfolio hedges of interest rate risk (liability side), which are reported separately.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In most cases, changes in the fair value of financial liabilities designated at fair value through profit or loss, caused by the entity's credit risk, are recognized in other comprehensive income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial liabilities are included for measurement purposes in one of the following categories:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial liabilities held for trading (at fair value through profit or loss): this category includes financial liabilities incurred for the purpose of generating a profit in the near term from fluctuations in their prices, financial derivatives not designated as hedging instruments, and financial liabilities arising from the outright sale of financial assets acquired under reverse repurchase agreements (“reverse repos”) or borrowed (short positions).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial liabilities designated at fair value through profit or loss: financial liabilities are included in this category when they provide more relevant information, either because this eliminates or significantly reduces recognition or measurement inconsistencies (accounting mismatches) that would otherwise arise from measuring assets or liabilities or recognising the gains or losses on them on different bases, or because a group of financial liabilities or financial assets and liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided on that basis to the Group’s key management personnel. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Liabilities may only be included in this category on the date when they are incurred or originated.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial liabilities at amortised cost: financial liabilities, irrespective of their instrumentation and maturity, not included in any of the above-mentioned categories which arise from the ordinary borrowing activities carried on by financial institutions.</span></div></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Classification of financial liabilities for presentation purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial liabilities are classified by nature into the following items in the consolidated balance sheet:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Deposits: includes all repayable balances received in cash by Grupo Santander, other than those instrumented as marketable securities and those having the substance of subordinated liabilities (amount of the loans received, which for credit priority purposes are after common creditors), except for the debt instruments. This item also includes cash bonds and cash consignments received the amount of which may be invested without restriction. Deposits are classified on the basis of the creditor’s institutional sector into:</span></div><div style="margin-bottom:9pt;padding-left:14.17pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Central banks: deposits of any nature, including credit received and money market transactions received from the Bank of Spain or other central banks.</span></div><div style="margin-bottom:9pt;padding-left:14.17pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Credit institutions: deposits of any nature, including credit received and money market transactions in the name of credit institutions.</span></div><div style="margin-bottom:9pt;padding-left:14.17pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Customer: includes the remaining deposits, including money market transactions through central counterparties.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During the 2019 financial year, the European Central Bank announced a new program of longer-term financing operations with a specific objective (TLTRO III), which included special conditions, including a reduction in the interest rate applicable between June 2020 and June 2022 subject to compliance with a certain volume of eligible loans.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander chose to accrue interest in accordance with the specific periods of adjustment to market rates, so that the interest corresponding to said period (-1%) has been recorded in the income statement from June 2020 to June 2022, having met the computable loan threshold that gave rise to the extra rate on that date.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Subsequently, and as a result of the modifications introduced by the European Central Bank in the conditions of the program, which include changes in its interest rates, the Group has updated the effective interest rate at which interest accrues on said financial liability, maintaining the criterion adopted in previous years, and considering said modifications a change in the variable interest rate (which affects the EIR) and is applied prospectively.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Marketable debt securities: includes the amount of bonds and other debt represented by marketable securities, other than those having the substance of subordinated liabilities (amount of the loans received, which for credit priority purposes are after common creditors, and includes the amount of the financial instruments issued by the Group which, having the legal nature of capital, do not meet the requirements to qualify as equity, such as certain preferred shares issued). This item includes the component that has the consideration of financial liability of the securities issued that are compound financial instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Derivatives: includes the fair value, with a negative balance for the Group, of derivatives, including embedded derivatives separated from the host contract, which do not form part of hedge accounting.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Short positions: includes the amount of financial liabilities arising from the outright sale of financial assets acquired under reverse repurchase agreements or borrowed.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Other financial liabilities: includes the amount of payment obligations having the nature of financial liabilities not included in other items (includes, among others, the balance of lease liabilities), and liabilities under financial guarantee contracts, unless they have been classified as non-performing.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Changes in the fair value of hedged items in portfolio hedges of interest rate risk: this item is the balancing entry for the amounts charged to the consolidated income statement in respect of the measurement of the portfolios of financial instruments which are effectively hedged against interest rate risk through fair value hedging derivatives.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Hedging derivatives: includes the fair value of the Group’s liability in respect of derivatives, including embedded derivatives separated from hybrid financial instruments, designated as hedging instruments in hedge accounting.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Measurement of financial assets and liabilities and recognition of fair value changes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, financial assets and liabilities are initially recognised at fair value which, in the absence of evidence to the contrary, is deemed to be the transaction price. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In this regard, IFRS 9 states that regular way purchases or sales of financial assets shall be recognised and derecognised on the trade date or on the settlement date. Grupo Santander has opted to make such recognition on the trading date or settlement date, depending on the convention of each of the markets in which the transactions are carried out. For example, in relation to the purchase or sale of debt securities or equity instruments traded in the Spanish market, securities market regulations stipulate their effective transfer at the time of settlement and, therefore, the same time has been established for the accounting record to be made.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of instruments not measured at fair value through profit and loss is adjusted by transaction costs. Subsequently, and on the occasion of each accounting close, they are valued in accordance with the following criteria:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Measurement of financial assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial assets are measured at fair value are valued mainly at their fair value without deducting any transaction cost for their sale.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of a financial instrument on a given date is taken to be the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The most objective and common reference for the fair value of a financial instrument is the price that would be paid for it on an active, transparent and deep market (quoted price or market price). At 31 December 2022, there were no significant investments in quoted financial instruments that had ceased to be recognised at their quoted price because their market could not be deemed to be active.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If there is no market price for a given financial instrument, its fair value is estimated on the basis of the price established in recent transactions involving similar instruments and, in the absence thereof, of valuation techniques commonly used by the international financial community, taking into account the specific features of the instrument to be measured and, particularly, the various types of risk associated with it.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">All derivatives are recognised in the balance sheet at fair value from the trade date. If the fair value is positive, they are recognised as an asset and if the fair value is negative, they are recognised as a liability. The fair value on the trade date is deemed, in the absence of evidence to the contrary, to be the transaction price. The changes in the fair value of derivatives from the trade date are recorded in the consolidated income statement. Specifically, the fair value of financial derivatives traded in organised markets included in the portfolios of financial assets or liabilities held for trading is deemed to be their daily quoted price and if, for exceptional reasons, the quoted price cannot be determined on a given date, these financial derivatives are measured using methods similar to those used to measure derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of derivatives is taken to be the sum of the future cash flows arising from the instrument, discounted to present value at the date of measurement (present value or theoretical close) using valuation techniques commonly used by the financial markets: net present value, option pricing models and other methods.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount of debt securities and loans and advances under a business model whose objective is to collect the principal and interest flows are valued at their amortised cost, as long as they comply with the 'SPPI' (Solely Payments of Principal and Interest) test, using the effective interest rate method in their determination. Amortised cost refers to the acquisition cost of a corrected financial asset or liability (more or less, as the case may be) for repayments of principal and the part systematically charged to the consolidated income statement of the difference between the initial cost and the corresponding reimbursement value at expiration. In the case of financial assets, the amortised cost includes, in addition, the corrections to their value due to the impairment. In the loans and advances covered in fair value hedging transactions, the changes that occur in their fair value related to the risk or the risks covered in these hedging transactions are recorded.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The effective interest rate is the discount rate that exactly matches the carrying amount of a financial instrument to all its estimated cash flows of all kinds over its remaining life. For fixed rate financial instruments, the effective interest rate coincides with the contractual interest rate established on the acquisition date plus, where applicable, the fees and transaction costs that, because of their nature, form part of their financial return. In the case of floating rate financial instruments, the effective interest rate coincides with the rate of return prevailing in all connections until the next benchmark interest reset date.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Equity instruments and contracts related with these instruments are measured at fair value. However, in certain circumstances the Group estimates cost value as a suitable estimate of the fair value. This can happen if the recent event available information is not enough to measure the fair value or if there is a broad range of possible measures and the cost value represents the best estimates of fair value within this range.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amounts at which the financial assets are recognised represent, in all material respects, the Group’s maximum exposure to credit risk at each reporting date. Also, Grupo Santander has received collateral and other credit enhancements to mitigate its exposure to credit risk, which consist mainly of mortgage guarantees, cash collateral, equity instruments and personal security, assets leased out under finance lease and full-service lease agreements, assets acquired under repurchase agreements, securities loans and credit derivatives.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Measurement of financial liabilities</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, financial liabilities are measured at amortised cost, as defined above, except for those included under 'Financial liabilities held for trading' and 'Financial liabilities designated at fair value through profit or loss' and financial liabilities designated as hedged items (or hedging instruments) in fair value hedges, which are measured at fair value. The changes in credit risk arising from financial liabilities designated at fair value through profit or loss are recognised in accumulated other comprehensive income, unless they generate or increase an accounting mismatch, in which case changes in the fair value of the financial liability in all respects are recognised in the income statement.</span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Valuation techniques</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table summarises the fair values, at the end of each of the years indicated, of the financial assets and liabilities listed below, classified according to the different valuation methodologies used by the Group to determine their fair value:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:28.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.163%"/><td style="width:0.1%"/></tr><tr><td colspan="30" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Published<br/>price<br/>quotations<br/>in active<br/>markets<br/>(level 1)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Internal<br/>Models<br/>(level 2<br/>and 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Published<br/>price<br/>quotations<br/>in active<br/>markets<br/>(level 1)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Internal<br/>Models<br/>(level 2<br/>and 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Published<br/>price<br/>quotations<br/>in active<br/>markets<br/>(level 1)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Internal<br/>Models<br/>(level 2<br/>and 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,014 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111,104 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,118 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,678 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,275 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116,953 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,379 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68,566 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">114,945 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,800 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,913 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,713 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,398 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,536 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,756 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,730 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,486 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,976 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,013 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,989 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,844 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,509 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,208 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,717 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,216 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,023 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,239 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,289 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,038 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">91,771 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,182 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120,953 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives (assets)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,761 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,761 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,325 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,325 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,237 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,948 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,185 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,379 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69,090 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,469 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,863 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,304 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81,167 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">212 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,735 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,947 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,620 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,733 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,118 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,920 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,038 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives (liabilities)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Liabilities under insurance or reinsurance contracts</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">747 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">747 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">770 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">770 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">910 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">910 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The financial instruments at fair value determined on the basis of published price quotations in active markets (level 1) include government debt securities, private-sector debt securities, derivatives traded in organised markets, securitised assets, shares, short positions and fixed-income securities issued.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In cases where price quotations cannot be observed, management makes its best estimate of the price that the market would set, using its own internal models. In most cases, these internal models use data based on observable market parameters as significant inputs (level 2) and, in cases, they use significant inputs not observable in market data (level 3). In order to make these estimates, various techniques are employed, including the extrapolation of observable market data. The best evidence of the fair value of a financial instrument on initial recognition is the transaction price, unless the fair value of the instrument can be obtained from other market transactions performed with the same or similar instruments or can be measured by using a valuation technique in which the variables used include only observable market data, mainly interest rates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has developed a formal process for the systematic valuation and management of financial instruments, which has been implemented worldwide across all the Group’s units. The governance scheme for this process distributes responsibilities between two independent divisions: Treasury (development, marketing and daily management of financial products and market data) and Risk (on a periodic basis, validation of pricing models and market data, computation of risk metrics, new transaction approval policies, management of market risk and implementation of fair value adjustment policies).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The approval of new products follows a sequence of steps (request, development, validation, integration in corporate systems and quality assurance) before the product is brought into production. This process ensures that pricing systems have been properly reviewed and are stable before they are used.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following subsections set forth the most important products and families of derivatives, and the related valuation techniques and inputs, by asset class:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Fixed income and inflation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fixed income asset class includes basic instruments such as interest rate forwards, interest rate swaps and cross currency swaps, which are valued using the net present value of the estimated future cash flows discounted taking into account basis (swap and cross currency spreads) determined on the basis of the payment frequency and currency of each leg of the derivative. Vanilla options, including caps, floors and swaptions, are priced using the Black-Scholes model, which is one of the benchmark industry models. More exotic derivatives are priced using more complex models which are generally accepted as standard across institutions.</span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These pricing models are fed with observable market data such as deposit interest rates, futures rates, cross currency swap and constant maturity swap rates, and basis spreads, on the basis of which different yield curves, depending on the payment frequency, and discounting curves are calculated for each currency. In the case of options, implied volatilities are also used as model inputs. These volatilities are observable in the market for cap and floor options and swaptions, and interpolation and extrapolation of volatilities from the quoted ranges are carried out using generally accepted industry models. The pricing of more exotic derivatives may require the use of non-observable data or parameters, such as correlation (among interest rates and cross-asset), mean reversion rates and prepayment rates, which are usually defined from historical data or through calibration.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Inflation-related assets include zero-coupon or year-on-year inflation-linked bonds and swaps, valued with the present value method using forward estimation and discounting. Derivatives on inflation indices are priced using standard or more complex bespoke models, as appropriate. Valuation inputs of these models consider inflation-linked swap spreads observable in the market and estimations of inflation seasonality, on the basis of which a forward inflation curve is calculated. Also, implied volatilities taken from zero-coupon and year-on-year inflation options are also inputs for the pricing of more complex derivatives.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Equity and foreign exchange</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most important products in these asset classes are forward and futures contracts; they also include vanilla, listed and OTC (Over-The-Counter) derivatives on single underlying assets and baskets of assets. Vanilla options are priced using the standard Black-Scholes model and more exotic derivatives involving forward returns, average performance, or digital, barrier or callable features are priced using generally accepted industry models or bespoke models, as appropriate. For derivatives on illiquid stocks, hedging takes into account the liquidity constraints in models.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The inputs of equity models consider yield curves, spot prices, dividends, asset funding costs (repo margin spreads), implied volatilities, correlation among equity stocks and indices, and cross-asset correlation. Implied volatilities are obtained from market quotes of European and American-style vanilla call and put options. Various interpolation and extrapolation techniques are used to obtain continuous volatility for illiquid stocks. Dividends are usually estimated for the mid and long term. Correlations are implied, when possible, from market quotes of correlation-dependent products. In all other cases, proxies are used for correlations between benchmark underlyings or correlations are obtained from historical data.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The inputs of foreign exchange models include the yield curve for each currency, the spot foreign exchange rate, the implied volatilities and the correlation among assets of this class. Volatilities are obtained from European call and put options which are quoted in markets as of-the-money, risk reversal or butterfly options. Illiquid currency pairs are usually handled by using the data of the liquid pairs from which the illiquid currency can be derived. For more exotic products, unobservable model parameters may be estimated by fitting to reference prices provided by other non-quoted market sources.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Credit</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most common instrument in this asset class is the credit default swap (CDS), which is used to hedge credit exposure to third parties. In addition, models for first-to-default (FTD), n-to-default (NTD) and single-tranche collateralised debt obligation (CDO) products are also available. These products are valued with standard industry models, which estimate the probability of default of a single issuer (for CDS) or the joint probability of default of more than one issuer for FTD, NTD and CDO.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Valuation inputs are the yield curve, the CDS spread curve and the recovery rate. For indices and important individual issuers, the CDS spread curve is obtained in the market. For less liquid issuers, this spread curve is estimated using proxies or other credit-dependent instruments. Recovery rates are usually set to standard values. For listed single-tranche CDO, the correlation of joint default of several issuers is implied from the market. For FTD, NTD and bespoke CDO, the correlation is estimated from proxies or historical data when no other option is available.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Valuation adjustment for counterparty risk or default risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Credit valuation adjustment (CVA) is a valuation adjustment to over the counter (OTC) derivatives as a result of the risk associated with the credit exposure assumed to each counterparty.</span></div><div style="margin-bottom:8pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA is calculated taking into account potential exposure to each counterparty in each future period. The CVA for a specific counterparty is equal to the sum of the CVA for all the periods. The following inputs are used to calculate the CVA:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Expected exposure: including for each transaction the mark-to-market (MtM) value plus an add-on for the potential future exposure for each period. Mitigating factors such as collateral and netting agreements are taken into account, as well as a temporary impairment factor for derivatives with interim payments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Severity: percentage of final loss assumed in a counterparty credit event/default.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Probability of default: for cases where there is no market information (the CDS quoted spread curve, etc.), proxies based on companies holding exchange-listed CDS, in the same industry and with the same external rating as the counterparty, are used.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Discount factor curve.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Debit Valuation Adjustment (DVA) is a valuation adjustment similar to the CVA but, in this case, it arises as a result of the Group’s own risk assumed by its counterparties in OTC derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA at 31 December 2022 amounted to EUR 330 million (resulting in an increase of 39.2% compared to 31 December 2021) and DVA amounted to EUR 309 million (resulting in an increase of 90.7% compared to 31 December 2021). The increase is mainly due to movements in the credit markets, whose spread levels have increased substantially compared to those at the end of 2021.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA at 31 December 2021 amounted to EUR 237 million (decrease of 41.9% compared to 31 December 2020) and DVA amounted EUR 162 million (decrease of 30.4% compared to 31 December 2020). These impacts were mainly due to the continuous improvement in credit markets, the creation of particular credit curves for certain counterparties and the introduction of methodological improvements in the calculation of exposures.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA at 31 December 2020 amounted to EUR 408 million (resulting in an increase of 49.8% compared to 31 December 2019) and DVA amounted to EUR 233 million (resulting in an increase of 36.0% compared to 31 December 2019). These impacts were due to the fact that credit spread levels were at levels above 25% compared to 2019 due to the covid-19 pandemic.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group amounts the funding fair value adjustment (FFVA) is calculated by applying future market funding spreads to the expected future funding exposure of any uncollateralised component of the OTC derivative portfolio. This includes the uncollateralised component of collateralised derivatives in addition to derivatives that are fully uncollateralised. The expected future funding exposure is calculated by a simulation methodology, where available. The FFVA impact is not material for the consolidated financial statements as of 31 December 2022, 2021 and 2020.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has not carried out significant reclassifications of financial instruments between levels other than those disclosed in level 3 movement table during 2022 continuing the trend observed in 2021 and 2020. The main variations over the last few years in the Level 3 volume have been due to purchases/sales of these instruments. There have been no significant variations in the market observability conditions, nor relevant changes in the criteria used for the classification of instruments within the fair value hierarchy.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Valuation adjustments due to model risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The valuation models described above do not involve a significant level of subjectivity, since they can be adjusted and recalibrated, where appropriate, through internal calculation of the fair value and subsequent comparison with the related actively traded price. However, valuation adjustments may be necessary when market quoted prices are not available for comparison purposes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The sources of risk are associated with uncertain model parameters, illiquid underlying issuers, and poor quality market data or missing risk factors (sometimes the best available option is to use limited models with controllable risk). In these situations, the Group calculates and applies valuation adjustments in accordance with common industry practice. The main sources of model risk are described below:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In the fixed income markets, the sources of model risk include bond index correlations, basis spread modelling, the risk of calibrating model parameters and the treatment of near-zero or negative interest rates. Other sources of risk arise from the estimation of market data, such as volatilities or yield curves, whether used for estimation or cash flow discounting purposes.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In the stock markets, the sources of model risk include forward skew modelling, the impact of stochastic interest rates, correlation and multi-curve modelling. Other sources of risk arise from managing hedges of digital callable and barrier option payments. Also worthy of consideration as sources of risk are the estimation of market data such as dividends and correlation for quanto and composite basket options.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">For specific financial instruments relating to home mortgage loans secured by financial institutions in the UK (which are regulated and partially financed by the Government) and property asset derivatives, the main input is the Halifax House Price Index (HPI). In these cases, risk assumptions include estimations of the future growth and the volatility of the HPI, the mortality rate and the implied credit spreads.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Inflation markets are exposed to model risk resulting from uncertainty around modelling the correlation structure among various Consumer Price Index (CPI) rates. Another source of risk may arise from the bid-offer spread of inflation-linked swaps.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The currency markets are exposed to model risk resulting from forward skew modelling and the impact of stochastic interest rate and correlation modelling for multi-asset instruments. Risk may also arise from market data, due to the existence of specific illiquid foreign exchange pairs.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The most important source of model risk for credit derivatives relates to the estimation of the correlation between the probabilities of default of different underlying issuers. For illiquid underlying issuers, the CDS spread may not be well defined.</span></div></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Set forth below are the financial instruments at fair value whose measurement was based on internal models (levels 2 and 3) at 31 December 2022, 2021 and 2020:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.087%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2 </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3 </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main assumptions</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">ASSETS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">142,832</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,290</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">110,721</span><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">383</span><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt and equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,537 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,537 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54,367 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Gaussian Copula</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, HPI, Basis, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">916 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,681 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">354 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models and other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX and EQ market prices, Dividends, Correlation, HPI, Credit, Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,069</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,687 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, Basis</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, Volatility surfaces</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,380 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models and other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Credit, Liquidity, Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,080</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">643 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,269 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Market price, Interest rates curves, Dividends and Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">628 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">239 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, swap asset model & CDS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves and Credit curves</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,586</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">427</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">673 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,769 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, HPI</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,647</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Market price, Yield curves, Dividends and Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices </span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,498 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,718 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices and Credit curves</span></td></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.723%"><tr><td style="width:1.0%"/><td style="width:30.799%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.989%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.989%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.541%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.490%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.492%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2 </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3 </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main assumptions</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">LIABILITIES</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,733</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">98,533</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">415</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,759 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX market prices, Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,796 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX market prices, Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,226 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX market prices, Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,147 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">415 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51,191 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">235 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Gaussian Copula</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, Basis, Liquidity, HPI</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,268 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">769 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">591 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Futures on interest rate and variable income</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">807 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Correlation, Liquidity, HPI</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,521 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">119 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Correlation, Liquidity, HPI, Credit, Others</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Short positions</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,605 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves ,FX & EQ market prices, Equity </span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,142 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves ,FX & EQ market prices, Basis</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,072 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models and other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves , Volatility surfaces, FX market prices, Credit, Liquidity, Other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">55,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">496</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities under insurance contracts</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value Method with actuarial techniques</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mortality tables and interest rate curves</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Level 2 internal models use data based on observable market parameters, while level 3 internal models use significant non-observable inputs in market data.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes mainly short-term loans/deposits and repurchase/reverse repurchase agreements with corporate customers (mainly brokerage and investment companies).</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Includes, mainly, structured loans to corporate clients.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Includes, mainly, short-term deposits that are managed based on their fair value..</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:29.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.090%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">ASSETS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">121,640</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">146,468</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">76,738</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">67,826</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">740</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,608 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,397 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,829 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt and equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,312 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,453 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,592 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">513</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,074 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">43,700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">224</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54,488 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">272</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Gaussian Copula</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">539 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">696 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,112 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,129 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">409 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,069 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,393 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">101</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,761</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,325</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,204 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,998 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black’s Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">548 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,302 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,273</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,796</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">415 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,231 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">984 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">505 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Debt securities issued</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">589 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">366 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">555 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">134 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">269 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">268 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">257 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">295 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, swap asset model & CDS</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,426</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">418</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,559</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,481 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,152 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,973 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,270 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,102 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">467 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,442</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,962</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,223 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,585 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,410 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,783 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,880 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,477 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,791 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr></table><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.053%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-bottom:1pt solid #9c9c9c;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-bottom:1pt solid #9c9c9c;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">LIABILITIES</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103,807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">124,098</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">905</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">68,930</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">71,009</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,038 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,488 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,141 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,234 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">160</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63,920 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42,438 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51,584 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Gaussian Copula</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,226 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">658 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">724 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">446 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and equity futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,054 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,876 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Short positions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,089 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,869</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,149 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,821 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black’s Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,035 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,644</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">469</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,310</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities under insurance contracts</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">770</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">910</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method with actuarial techniques</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Level 2 internal models use data based on observable market parameters, while level 3 internal models use significant non-observable inputs in market data.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes mainly short-term loans/deposits and repurchase/reverse repurchase with corporate customers (mainly brokerage and investment companies). </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Includes, mainly, structured loans to corporate clients.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Includes, mainly, short-term deposits that are managed based on their fair value.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Financial Instruments (level 3)</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Set forth below are the Group’s main financial instruments measured using unobservable market data as significant inputs of the internal models (level 3):</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">HTC&S (Held to collect and sale) syndicated loans classified in the fair value category with changes in other comprehensive income, where the cost of liquidity is not directly observable in the market, as well as the prepayment option in favour of the borrower.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Illiquid equity in non-trading portfolios, classified at fair value through profit or loss and at fair value through equity. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Instruments in Santander UK’s portfolio (loans, debt securities and derivatives) linked to the House Price Index (HPI). Even if the valuation techniques used for these instruments may be the same as those used to value similar products (present value in the case of loans and debt securities, and the Black-Scholes model for derivatives), the main factors used in the valuation of these instruments are the HPI spot rate, the growth and volatility thereof, and the mortality rates, which are not always observable in the market and, accordingly, these instruments are considered illiquid.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Callable interest rate derivatives (Bermudan-style options) where the main unobservable input is mean reversion of interest rates.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Trading derivatives on interest rates, taking as an underlying asset titling and with the amortization rate (CPR, Conditional prepayment rate) as unobservable main entry.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt"> Derivatives from trading on inflation in Spain, where volatility is not observable in the market.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Equity volatility derivatives, specifically indices and equities, where volatility is not observable in the long term.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Derivatives on long-term interest rate and FX in some units (mainly South America) where for certain underlyings it is not possible to demonstrate observability to these terms.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Debt instruments referenced to certain illiquid interest rates, for which there is no reasonable market observability.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The measurements obtained using the internal models might have been different if other methods or assumptions had been used with respect to interest rate risk, to credit risk, market risk and foreign currency risk spreads, or to their related correlations and volatilities. Nevertheless, the Bank’s directors consider that the fair value of the financial assets and liabilities recognised in the consolidated balance sheet and the gains and losses arising from these financial instruments are reasonable.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The net amount recognised in profit and loss in 2022 arising from models whose significant inputs are unobservable market data (level 3) amounted to EUR 90 million loss (EUR 73 million and EUR 193 million profit in 2021 and 2020, respectively).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt;padding-right:260.79pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The table below shows the effect, at 31 December 2022, 2021 and 2020 on the fair value of the main financial instruments classified as level 3 of a reasonable change in the assumptions used in the valuation. This effect was determined by applying the probable valuation ranges of the main unobservable inputs detailed in the following table:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.643%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></div></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted average</span></td><td colspan="6" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:18pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable scenario</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-20%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.07 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.38)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.40 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price based</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Market price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">85%-115%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discount curve</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-10%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8.34)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.07 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.7)% - 0.7%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4)bps - 4bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.06)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.07 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CDS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit Spread </span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">14.9bps - 42.1bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">21.99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.05)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.02 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 90%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">61.30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Local volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.05)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FRAs</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> 0% - 6%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.71 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Fx Swap</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a. </span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.37)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 40%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17.37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 60%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">35.82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 15.00%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9.20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.05)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.08 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.25% - 6.29%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.47 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.6% - 9.1%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.02)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.03 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (6)bps - 6.1bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.04)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5% - n.a.</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(11.58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment modelling</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.5% - 6.2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.06)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 2%</span></div></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.62 </span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.53)</span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.24 </span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5.75)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5.75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.1% - 2%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.05 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.18)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Mortgage portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Black Scholes model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (5)%- 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.79)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other debt securities</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.74 </span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4.25)</span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.83 </span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.051%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></div></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted average</span></td><td colspan="6" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:18pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable scenario</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bp - 1bp</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Probability weighting</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(126.87)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">126.87 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a. </span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(24.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate curve</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.8% - 1.0%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.08)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.08 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bp - 1bp</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0bp</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(17.51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17.51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.56% - 3.4%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.4)% - 1.6%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.63 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.01)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(70.04)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70.04 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40.73 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Repos/Reverse repos</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Long-term repo spread</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.13)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:7pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted<br/>average</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable<br/>scenario</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">scenario</span></div></td></tr><tr style="height:11pt"><td colspan="21" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90% </span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">36.30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (0.7)% - 0.7%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4bps - (4)bps</span></div></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.09)</span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.03)</span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.03 </span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #b3b3b3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Convertibility curve - inputs: NDFs Offshore</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 2% </span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 90% </span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">61.20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Local volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6.82)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6.82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FRAs</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 4%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.78 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">32.14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(50)% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.56)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 40%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13.29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Futures</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 15%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5.91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.09)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.71 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 60%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">36.28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6)% - 12.80%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.07)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.03% - 3.75%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.02 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(7.21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.8)% - 6.5%</span></div></td><td colspan="2" style="border-top:0.5pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.81 </span></td><td style="border-top:0.5pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.04)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7.7% -8.2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.87 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">TIIE91 (8.98)bps -TIIE91 +11.12bps</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6% - 12%</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment modelling</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.5% - 6.2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.09)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.62)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.62 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swaptions</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 40%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">26.67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Market price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">85% - 115%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.1% - 1.4%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.66 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.26)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.26 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Mortgage portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Black Scholes model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.90)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 20%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9.88 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.23)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.20 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discount curve</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.33 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4.14)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">20.69 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.74 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5.47)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.92 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bp - 1bp</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bp</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.56)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Probability weighting</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.00 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(123.10)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">123.10 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:7pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted<br/>average</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable<br/>scenario</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">scenario</span></div></td></tr><tr style="height:11pt"><td colspan="21" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(19.84)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate curve</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.1)% - 0.1%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.07)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.07 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bps - 1bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(13.12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.77% - 2.42%</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.6% - 0.8%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.09 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.01)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(82.13)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">82.13 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">36.30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Repos/Reverse repos</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap Repo Model</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Long-term repo spread</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.36)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:7pt"><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted<br/>average</span></td><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable<br/>scenario</span></td><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable<br/>scenario</span></td></tr><tr style="height:11pt"><td colspan="21" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">31.55 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.07)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (0.30)% - 0.66%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Convertibility curve - NDFs Offshore</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.72)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7.86% - 93.67%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48.37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.46)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FRAs</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% -5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.78)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX Forward</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.02)% - (0.30)%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">32.14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(100)% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">83.33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.63)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">16.67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Futures</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 15%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.94)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.06 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 100%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">19.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.06 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6)% - 12.50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.08)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5.90% - 6.31%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.01)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.02 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.79% - 2.02%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.81)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment modelling</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.47%-6.22%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.06 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate and HPI Spot rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(17.82)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17.82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swaptions</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">33.33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Repos / Reverse repos</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap Repo Model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Long-term repo spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.18)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.23 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Mortgage portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Black Scholes model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.07% - 1.55%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.35)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.35 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.78)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.91 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other debt securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price based</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Market Price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Probability weighting</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate and HPI Spot rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(7.24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(50.47)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50.47 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6.72)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate curve</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.15)% - 0.15%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.09)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.09 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.15% - 0.53%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.04)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.1% - 1.3%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(122.14)</span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">122.14 </span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">34.61 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.02)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate and HPI Spot rate</span></td><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6.35)</span></td><td style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6.35 </span></td><td style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lastly, the changes in the financial instruments classified as Level 3 in 2022, 2021 and 2020 were as follows:</span></div><div style="margin-bottom:6pt;margin-top:15pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">01/01/2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2022</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value calculated using internal models (Level 3)</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Purchases/</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Issuances</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sales/Settlements</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in profit or<br/>loss</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in equity</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level<br/>reclassifications</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">91</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(99)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(116)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">383</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">513 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(142)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">418</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">427</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">521</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(579)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">98</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(50)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">268 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">276 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(280)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">239 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(266)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,269 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,564</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,029)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(172)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">417</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,647</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,880 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,471 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,988)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">349 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,718 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(173)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL ASSETS</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,716)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(172)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">380</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,290</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(97)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">415</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">160 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">415 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">235 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securities and interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">119 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives (Liabilities)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">469</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">496</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL LIABILITIES</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(100)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">41</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">01/01/2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Purchases<br/>/Issuances</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sales/Settlements</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognized<br/>in profit or<br/>loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognized<br/>in equity</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level<br/>reclassifications</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">740</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">136</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(181)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(179)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">513 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">272 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(35)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(69)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(40)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">59</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(120)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(163)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">418</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(163)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">467 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(118)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">534</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">485</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">36</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">268 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">505 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(74)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,681</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,588)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(228)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(241)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,791 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,597 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,298)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(173)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,880 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(43)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,223 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(265)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(148)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL ASSETS</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,410</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,083)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(228)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">66</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">85</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(42)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(138)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(21)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(138)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">160 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(36)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securities and interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">143</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(289)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">469</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL LIABILITIES</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">905</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">228</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(42)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(138)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(310)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">01/01/2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Purchases/</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Issuances</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sales/Settlements</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in profit or<br/>loss</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in equity</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level<br/>reclassifications</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">598</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(98)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">330</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(45)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(97)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">740</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">533 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">329 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(45)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">272 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">177 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(43)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">85 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(38)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">71 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">664</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(45)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(176)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">582 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(41)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(175)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">467 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,601</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(292)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(36)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(119)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(340)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">376 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(136)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">675 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(144)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(63)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(336)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">505 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,788</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,795</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,616)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(390)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">571</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,072</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL ASSETS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,651</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,247</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,051)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">311</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(390)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">316</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">290</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">40</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">130</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(96)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(55)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">290 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(96)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(70)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securities and interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">784</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL LIABILITIES</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(17)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">118</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(128)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(186)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">905</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Recognition of fair value changes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As a general rule, changes in the carrying amount of financial assets and liabilities are recognised in the consolidated income statement. A distinction is made between the changes resulting from the accrual of interest and similar items, (which are recognised under Interest income or Interest expense, as appropriate), and those arising for other reasons, which are recognised at their net amount under 'Gains/losses on financial assets and liabilities'.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Adjustments due to changes in fair value arising from:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">'Financial assets at fair value with changes in other comprehensive income' are recorded temporarily, in the case of debt instruments in 'Other comprehensive income - Elements that can be reclassified to profit or loss - Financial assets at fair value with changes in other comprehensive income', while in the case of equity instruments are recorded in 'other comprehensive income - Elements that will not be reclassified to line item - Changes in the fair value of equity instruments valued at fair value with changes in other comprehensive income'. </span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exchange differences on debt instruments measured at fair value with changes in other comprehensive income are recognised under 'Exchange Differences, net' of the consolidated income statement. Exchange differences on equity instruments, in which the irrevocable option of being measured at fair value with changes in other comprehensive income has been chosen, are recognised in 'Other comprehensive income - Items that will not be reclassified to profit or loss - Changes in the fair value of equity instruments measured at fair value with changes in other comprehensive income'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Items charged or credited to 'Items that may be reclassified to profit or loss – Financial assets at fair value through other comprehensive income' and 'Other comprehensive income – Items that may be reclassified to profit or loss – Exchange differences in equity' remain in the Group's consolidated equity until the asset giving rise to them is impaired or derecognised, at which time they are recognised in the consolidated income statement.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Unrealized capital gains on financial assets at fair value through other comprehensive income classified as 'Non-current assets held for sale' because they form part of a disposal group or a discontinued operation that are recorded in the equity balancing entry 'Other accumulated comprehensive income - Items that can be reclassified in income - Non-current assets as held for sale.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Hedging transactions</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The consolidated entities use financial derivatives for the following purposes: i) to facilitate these instruments to customers who request them in the management of their market and credit risks; ii) to use these derivatives in the management of the risks of the Group entities’ own positions and assets and liabilities (hedging derivatives); and iii) to obtain gains from changes in the prices of these derivatives (derivatives).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial derivatives that do not qualify for hedge accounting are treated for accounting purposes as trading derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A derivative qualifies for hedge accounting if all the following conditions are met:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1. The derivative hedges one of the following three types of exposure:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">Changes in the fair value of assets and liabilities due to fluctuations, among others, in the interest rate and/or exchange rate to which the position or balance to be hedged is subject (fair value hedge).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">Changes in the estimated cash flows arising from financial assets and liabilities, commitments and highly probable forecast transactions (cash flow hedge).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:5.2pt">The net investment in a foreign operation (hedge of a net investment in a foreign operation).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. It is effective in offsetting exposure inherent in the hedged item or position throughout the expected term of the hedge, which means that:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">At the date of arrangement the hedge is expected, under normal conditions, to be highly effective (prospective effectiveness).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">There is sufficient evidence that the hedge was actually effective during the whole life of the hedged item or position (retrospective effectiveness). To this end, the Group checks that the results of the hedge were within a range of 80% to 125% of the results of the hedged item.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">3. There must be adequate documentation evidencing the specific designation of the financial derivative to hedge certain balances or transactions and how this hedge was expected to be achieved and measured, provided that this is consistent with the Group’s management of own risks.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in value of financial instruments qualifying for hedge accounting are recognised as follows:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a. In fair value hedges, the gains or losses arising on both the hedging instruments and the hedged items attributable to the type of risk being hedged are recognised directly in the consolidated income statement.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In fair value hedges of interest rate risk on a portfolio of financial instruments, the gains or losses that arise on measuring the hedging instruments are recognised directly in the consolidated income statement, whereas the gains or losses due to changes in the fair value of the hedged amount (attributable to the hedged risk) are recognised in the consolidated income statement with a balancing entry under Changes in the fair value of hedged items in portfolio hedges of interest rate risk on the asset or liability side of the balance sheet, as appropriate.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b. In cash flow hedges, the effective portion of the change in value of the hedging instrument is recognised temporarily in Other comprehensive income – under Items that may be reclassified to profit or loss – Hedging derivatives – Cash flow hedges (effective portion) until the forecast transactions occur, when it is recognised in the consolidated income statement, unless, if the forecast transactions result in the recognition of non-financial assets or liabilities, it is included in the cost of the non-financial asset or liability.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c. In hedges of a net investment in a foreign operation, the gains or losses attributable to the portion of the hedging instruments qualifying as an effective hedge are recognised temporarily in Other comprehensive income under Items that may be reclassified to profit or loss – Hedges of net investments in foreign operations until the gains or losses – on the hedged item are recognised in profit or loss.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d. The ineffective portion of the gains or losses on the hedging instruments of cash flow hedges and hedges of a net investment in a foreign operation is recognised directly under 'Gains/losses on financial assets and liabilities (net)' in the consolidated income statement, in Gains or losses from hedge accounting, net.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If a derivative designated as a hedge no longer meets the requirements described above due to expiration, ineffectiveness or for any other reason, the derivative is classified for accounting purposes as a trading derivative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When fair value hedge accounting is discontinued, the adjustments previously recognised on the hedged item are amortised to profit or loss at the effective interest rate recalculated at the date of hedge discontinuation. The adjustments must be fully amortised at maturity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When cash flow hedge accounting is discontinued, any cumulative gain or loss on the hedging instrument recognised in equity under other comprehensive income 'Items that may be reclassified to profit or loss' (from the period when the hedge was effective) remains in this equity item until the forecast transaction occurs, at which time it is recognised in profit or loss, unless the transaction is no longer expected to occur, in which case the cumulative gain or loss is recognised immediately in profit or loss.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">vi. Derivatives embedded in hybrid financial instruments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Derivatives embedded in other financial instruments or in other host contracts are accounted for separately as derivatives if their risks and characteristics are not closely related to those of the host contracts, provided that the host contracts are not classified as financial assets/liabilities designated at fair value through profit or loss or as 'Financial assets/liabilities held for trading'.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">e) Derecognition of financial assets and liabilities</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The accounting treatment of transfers of financial assets depends on the extent to which the risks and rewards associated with the transferred assets are transferred to third parties:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1. If the Group transfers substantially all the risks and rewards to third parties unconditional -sale of financial assets, sale of financial assets under an agreement to repurchase them at their fair value at the date of repurchase, sale of financial assets with a purchased call option or written put option that is deeply out of the money, securitisation of assets in which the transferor does not retain a subordinated debt or grant any credit enhancement to the new holders, and other similar cases-, the transferred financial asset is derecognised and any rights or obligations retained or created in the transfer are recognised simultaneously.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. If the Group retains substantially all the risks and rewards associated with the transferred financial asset -sale of financial assets under an agreement to repurchase them at a fixed price or at the sale price plus interest, a securities lending agreement in which the borrower undertakes to return the same or similar assets, and other similar cases-, the transferred financial asset is not derecognised and continues to be measured by the same criteria as those used before the transfer. However, the following items are recognised:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">An associated financial liability, which is recognised for an amount equal to the consideration received and is subsequently measured at amortised cost, unless it meets the requirements for classification under 'Financial liabilities designated at fair value through profit or loss'.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">The income from the transferred financial asset not derecognised and any expense incurred on the new financial liability, without offsetting.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">3. If the Group neither transfers nor retains substantially all the risks and rewards associated with the transferred financial asset -sale of financial assets with a purchased call option or written put option that is not deeply in or out of the money, securitisation of assets in which the transferor retains a subordinated debt or other type of credit enhancement for a portion of the transferred asset, and other similar cases- the following distinction is made:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">If the transferor does not retain control of the transferred financial asset, the asset is derecognised and any rights or obligations retained or created in the transfer are recognised.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">If the transferor retains control of the transferred financial asset, it continues to recognise it for an amount equal to its exposure to changes in value and recognises a financial liability associated with the transferred financial asset. The net carrying amount of the transferred asset and the associated liability is the amortised cost of the rights and obligations retained, if the transferred asset is measured at amortised cost, or the fair value of the rights and obligations retained, if the transferred asset is measured at fair value.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Accordingly, financial assets are only derecognised when the rights to the cash flows they generate have expired or when substantially all the inherent risks and rewards have been transferred to third parties. Similarly, financial liabilities are only derecognised when the obligations they generate have been extinguished or when they are acquired with the intention either to cancel them or to resell them.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding contractual modifications of financial assets, Grupo Santander has differentiated them into two main categories in relation to the conditions under which a modification leads to a derecognition or disposal of the financial asset (and the recognition of a new financial asset) and those under which the accounting of the original financial instrument with the modified terms is maintained:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Contractual modifications for commercial or market reasons, which are generally carried out at the request of the debtor to apply current market conditions to the debt. The new contract is considered a new transaction and, consequently, it is necessary to derecognize the original financial asset and recognize a new financial asset subject to the classification and measurement requirements established by IFRS 9. Also, the new financial asset will be recorded at fair value and, if applicable, the difference between the carrying amount of the asset derecognized and the fair value of the new asset will be recognized in profit or loss.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Modifications due to refinancing or restructuring, in which the payment conditions are modified to allow a customer that is experiencing financial difficulties (current or foreseeable) to meet its payment obligations and that, if such modification had not been made, it would be reasonably certain that it would not be able to meet such payment obligations. In this case, the modification does not result in the derecognition of the financial asset, but rather the original financial asset is maintained and does not require a new assessment of its classification and measurement. When assessing credit impairment, the current credit risk (considering the modified cash flows) should be compared with the credit risk at initial recognition. Finally, the gross carrying amount of the financial asset (the present value of the renegotiated or modified contractual cash flows that are discounted at the original effective interest rate of the financial asset) should be recalculated, with a gain or loss recognized in profit or loss for the difference.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">f) Offsetting of financial instruments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial asset and liability balances are offset, i.e. reported in the consolidated balance sheet at their net amount, only if the Group entities currently have a legally enforceable right to set off the recognised amounts and intend either to settle on a net basis, or to realise the asset and settle the liability simultaneously.</span></div><div style="margin-bottom:16.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the detail of financial assets and liabilities that were offset in the consolidated balance sheets as of 31 December 2022, 2021 and 2020:</span></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.134%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.136%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176,814 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(101,743)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,071 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">127,561 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48,949)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78,612 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">304,375</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(150,692)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">153,683</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,486 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,054 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72,023 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,107 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(56,348)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">117,161</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136,437 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60,975)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,865 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,787 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">219,302</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(77,053)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">142,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:15pt"><span><br/></span></div><div style="margin-bottom:15pt;margin-top:126pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">175,862 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(101,743)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,119 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48,949)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">324,577</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(150,692)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173,885</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,029 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,424 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,508 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">174,886</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(56,348)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">118,537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132,313 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60,975)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,338 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,925 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,847 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">210,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(77,053)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">133,185</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, Grupo Santander has offset other items amounting to EUR 1,024 million (EUR 1,188 million and EUR 1,194 million at 31 December 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the balance sheet shows the amounts EUR 141,529 million (EUR 106,430 million and EUR 130,653 million at 31 December 2021 and 2020) on derivatives and repos as assets and EUR 157,572 million (EUR 104,130 million and EUR 122,416 million at 31 December 2021 and 2020, respectively) on derivatives and repos as liabilities that are subject to netting and collateral arrangements.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">g) Impairment of financial assets</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Definition</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander associates an impairment in the value to financial assets measured at amortised cost, debt instruments measured at fair value with changes in other comprehensive income, lease receivables and commitments and guarantees granted that are not measured at fair value.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The impairment for expected credit losses is recorded with a charge to the consolidated income statement for the period in which the impairment arises. In the event of occurrence, the recoveries of previously recognised impairment losses are recorded in the consolidated income statement for the period in which the impairment no longer exists or is reduced.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of purchased or originated credit-impaired assets, the Group only recognizes at the reporting date the changes in the expected credit losses during the life of the asset since the initial recognition as a credit loss. In the case of assets measured at fair value with changes in other comprehensive income, the changes in the fair value due to expected credit losses are charged in the consolidated income statement of the year where the change happened, reflecting the rest of the valuation in other comprehensive income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As a rule, the expected credit loss is estimated as the difference between the contractual cash flows to be recovered and the expected cash flows discounted using the original effective interest rate. In the case of purchased or originated credit-impaired assets, this difference is discounted using the effective interest rate adjusted by credit rating.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Depending on the classification of financial instruments, which is mentioned in the following sections, the expected credit losses may be along 12 months or during the life of the financial instrument:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">12-month expected credit losses: arising from the potential default events, as defined in the following sections that are estimated to be likely to occur within the 12 months following the reporting date. These losses will be associated with financial assets classified as 'normal risk' as defined in the following sections.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Expected credit losses over the life of the financial instrument: arising from the potential default events that are estimated to be likely to occur throughout the life of the financial instruments. These losses are associated with financial assets classified as 'normal risk under watchlist' or 'doubtful risk'.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With the purpose of estimating the expected life of the financial instrument all the contractual terms have been taken into account (e.g. prepayments, duration, purchase options, etc.), being the contractual period (including extension options) the maximum period considered to measure the expected credit losses. In the case of financial instruments with an uncertain maturity period and a component of undrawn commitment (e.g.: credit cards), the expected life is estimated through quantitative analyses to determine the period during which the entity is exposed to credit risk, also considering the effectiveness of management procedures that mitigate such exposure (e.g. the ability to unilaterally cancel such financial instruments, etc.).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following constitute effective guarantees:</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a) Mortgage guarantees on housing as long as they are first duly constituted and registered in favour of the entity. The properties include:</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.6pt">Buildings and building elements, distinguishing among:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Houses.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Offices, stores and multi-purpose premises.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Rest of buildings such as non-multi-purpose premises and hotels.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.47pt">Urban and developable ordered land.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">iii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:0.34pt"> Rest of properties that classify as: buildings and building elements under construction, such as property development in progress and halted development, and the rest of land types, such as rustic lands.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b) Collateral guarantees on financial instruments in the form of cash deposits and debt securities issued by creditworthy issuers.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c) Other types of real guarantees, including properties received in guarantee and second and subsequent mortgages on properties, as long as the entity demonstrates its effectiveness. When assessing the effectiveness of the second and subsequent mortgages on properties the entity will implement particularly restrictive criteria. It will take into account, among others, whether the previous charges are in favour of the entity itself or not and the relationship between the risk guaranteed by them and the property value.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d) Personal guarantees, as well as the incorporation of new owners, covering the entire amount of the financial instruments and implying direct and joint liability to the entity of persons or other entities whose solvency is sufficiently proven to ensure the repayment of the loan on the agreed terms.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The different aspects that the Group considers for the evaluation of effective guarantees are set out below in relation to the individual analysis.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Financial instruments presentation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the purposes of estimating the impairment amount, and in accordance with its internal policies, the Group classifies its financial instruments (financial assets, commitments and guarantees) measured at amortised cost or fair value through other comprehensive income in one of the following categories:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Normal Risk ('stage 1'): includes all instruments that do not meet the requirements to be classified in the rest of the categories.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:119%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%;padding-left:3.82pt">Normal risk under watchlist ('stage 2'): includes all instruments that, without meeting the criteria for classification as doubtful or default risk, have experienced significant increases in credit risk since initial recognition.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to determine whether a financial instrument has increased its credit risk since initial recognition and is to be classified in stage 2, the Group considers the following criteria:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:18.653%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:79.147%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Quantitative criteria</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the risk of a default occurring through the expected life of the financial instrument are analysed and quantified with respect to its credit level in its initial recognition.<br/></span><span style="font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"><br/></span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With the purpose of determining if such changes are considered as significant, with the consequent classification into stage 2, each Group unit has defined the quantitative thresholds to consider in each of its portfolios taking into account corporate guidelines ensuring a consistent interpretation in all units.<br/></span><span style="font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"><br/></span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Within the quantitative thresholds, two types are considered: A relative threshold is those that compare current credit quality with credit quality at the time of origination in percentage terms of change. In addition, an absolute threshold compares both references in total terms, calculating the difference between the two. These absolute/relative concepts are used homogeneously (with different values) in all geographies. The use of one type of threshold or another (or both) is determined in accordance with the process described in note 53, below, and is marked by the type of portfolio and characteristics such as the starting point of the average credit quality of the portfolio.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Qualitative criteria</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:2pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:110%">In addition to the quantitative criteria indicated, various indicators are used that are aligned with those used by the Group in the normal management of credit risk. Irregular positions of more than 30 days and renewals are common criteria in all Group units. In addition, each unit can define other qualitative indicators, for each of its portfolios, according to the particularities and normal management practices in line with the policies currently in force (i.e. use of management alerts, etc.).<br/>The use of these qualitative criteria is complemented with the use of an expert judgement, under the corresponding governance.</span></div></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of forbearances, instruments classified as 'normal risk under watchlist' may be generally reclassified to 'normal risk' in the following circumstances: at least two years have elapsed from the date of reclassification to that category or from its forbearance date, the client has paid the accrued principal and interest balance, and the client has no other instruments with more than 30 days past due balances.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Doubtful Risk ('stage 3'): includes financial instruments, overdue or not, in which, without meeting the circumstances to classify them in the category of default risk, there are reasonable doubts about their total repayment (principal and interests) by the client in the terms contractually agreed. Likewise, off-balance-sheet exposures whose payment is probable and their recovery doubtful are considered in stage 3. Within this category, two situations are differentiated:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Doubtful risk for non-performing loans: financial instruments, irrespective of the client and guarantee, with balances more than 90 consecutive days on material arrears for principal, interest or expenses contractually agreed. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This category also includes all loan balances for a client when the operations with more than 90 consecutive days on material arrears are greater than 20% of the amounts pending collection. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These instruments may be reclassified to other categories if, as a result of the collection of part of the past due balances, the reasons for their classification in this category do not remain and the client does not have balances more than 90 consecutive days on material arrears in other loans.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Doubtful risk for reasons other than non-performing loans: this category includes doubtful recovery financial instruments that are not more than 90 consecutive days on material arrears.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander considers that a financial instrument to be doubtful for reasons other than delinquency when one or more combined events have occurred with a negative impact on the estimated future cash flows of the financial instrument. To this end, the following indicators, among others, are considered:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.98pt">Negative net equity or decrease because of losses of the client's net equity by at least 50% during the last financial year.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.66pt">Continued losses or significant decrease in revenue or, in general, in the client's recurring cash flows.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.61pt">Generalised delay in payments or insufficient cash flows to service debts.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.67pt">Significantly inadequate economic or financial structure or inability to obtain additional financing by the client.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">e)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.92pt">Existence of an internal or external credit rating showing that the client is in default.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">f)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:5.47pt">Existence of overdue customer commitments with a significant amount to public institutions or employees.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These financial instruments may be reclassified to other categories if, as a result of an individualised study, reasonable doubts do not remain about the total repayment under the contractually agreed terms and the client does not have balances of 90 consecutive days on material arrears.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of forbearances, instruments classified as doubtful risk may be reclassified to the category of 'normal risk under watchlist' when the following circumstances are present: a minimum period of one year has elapsed from the forbearance date, the client has paid the accrued principal and interest amounts, and the client has no other loan balances of 90 consecutive days on material arrears.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Default Risk: includes all financial assets, or part of them, for which, after an individualised analysis, their recovery is considered remote due to a notorious and irrecoverable deterioration of their solvency.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In any event, except in the case of financial instruments with effective collateral covering a substantial portion of the transaction amount, the Group generally consider as remote the following:</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- Those operations that, after an individualized analysis, are categorized as unsustainable debt, assuming an irrecoverability of such debt.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- Transactions classified as doubtful due to non-performing loans with recovery costs that exceed the amounts receivable.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- The operations on which the award is executed. The queue of these operations shall be included under default risk, as the recovery of the flows, provided that no further guarantees associated with the operation remain after the award of the property.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- Those operations on which a deduction is made, the portion of the operation corresponding to that deduction, will be given as a balance at the time of signature.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A financial asset amount is maintained in the balance sheet until they are considered as a "default risk", either all or a part of it, and the write-off is registered against the balance sheet.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of operations that have only been partially derecognised, for forgiveness reasons or because part of the total balance is considered unrecoverable, the remaining amount shall be fully classified in the category of 'doubtful risk', except where duly justified.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The classification of a financial asset, or part of it, as a 'default risk' does not involve the disruption of negotiations and legal proceedings to recover the amount.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Impairment valuation assessment</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has policies, methods and procedures in place to hedge its credit risk, both due to the insolvency attributable to counterparties and its residence in a specific country. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These policies, methods and procedures are applied in the concession, study and documentation of financial assets, commitments and guarantees, as well as in the identification of their impairment and in the calculation of the amounts needed to cover their credit risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The asset impairment model in IFRS 9 applies to financial assets measured at amortised cost, debt instruments at fair value with changes in other comprehensive income, lease receivables and commitments and guarantees granted that are not measured at fair value.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The impairment represents the best estimation of the financial assets expected credit losses at the balance sheet date, assessed both individually and collectively.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Individually: for the purposes of estimating the provisions for credit risk arising from the insolvency of a financial instrument, the Group individually assesses impairment by estimating the expected credit losses on those financial instruments that are considered to be significant and with sufficient information to make such an estimate.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-0.01pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Therefore, this classification mostly includes wholesale banking customers —Corporations, specialised financing— as well as some of the largest companies —Chartered and real estate developers— from retail banking. The determination of the perimeter in which the individualised estimate is applied is detailed in a later section.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The individually assessed impairment estimate is equal to the difference between the gross carrying amount of the financial instrument and the estimated value of the expected cash flows receivable discounted using the original effective interest rate of the transaction. The estimate of these cash flows takes into account all available information on the financial asset and the effective guarantees associated with that asset. This estimation process is detailed below.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Collectively: the Group also assesses impairment by estimating the expected credit losses collectively in cases where they are not assessed on an individual basis. This includes, for example, loans with individuals, sole proprietors or businesses in retail banking subject to a standardised risk management.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the purposes of the collective assessment of expected credit losses, the Group has consistent and reliable internal models. For the development of these models, instruments with similar credit risk characteristics that are indicative of the debtors' capacity to pay are considered.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The credit risk characteristics used to group the instruments are, among others: type of instrument, debtor's sector of activity, geographical area of activity, type of guarantee, aging of past due balances and any other factor relevant to estimating the future cash flows.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander performs retrospective and monitoring tests to evaluate the reasonableness of the collective estimate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the other hand, the methodology required to estimate the expected credit loss due to credit events is based on an unbiased and weighted consideration by the probability of occurrence of a series of scenarios, considering a range of three to five possible future scenarios, depending on the characteristics of each unit, which could have an impact on the collection of contractual cash flows, always taking into account the time value of money, as well as all available and relevant information on past events, current conditions and forecasts of the evolution of macroeconomic scenarios that are shown to be relevant for the estimation of this amount (for example: GDP (Gross Domestic Product), housing price, unemployment rate, etc.).</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimation of expected losses requires expert judgment and the support of historical, current and future information. The probability of loss is measured considering past events, the present situation and future trends of macroeconomic scenarios.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander uses forward-looking information in both internal risk management and prudential regulation processes, so that for the calculation of the impairment loss allowance, various scenarios are incorporated that take advantage of the experience with such information, thus ensuring consistency in obtaining the expected loss.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The complexity of the estimation in this exercise has been derived from the current macroeconomic scenario as a consequence of the war in Ukraine, as well as the increasing level of inflation and interest rates, and the difficulties in the supply chains, which has generated some uncertainty in the evolution of the economy.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has internally ensured the criteria to be followed for guarantees received from government bodies, both through credit lines and other public guarantees, so that when they are adequately reflected in each of the contracts, they are recognised as mitigating factors of the potential expected losses, and therefore of the provisions to be recognised, based on the provisions of the applicable standard (IFRS 9 Par. B5.5.55). Furthermore, where applicable, these guarantees are appropriately reflected in the mitigation of the significant increase in risk, considering their nature as personal guarantees.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the estimation of the parameters used in the estimation of impairment provisions -EAD (exposure at default), PD (probability of default), LGD (loss given default)-, the Group based its experience in developing internal models for the estimation of parameters both in the regulatory area and for management purposes, adapting the development of the impairment provision models under IFRS 9.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Exposure at default: is the amount of estimated risk incurred at the time of the counterparty's analysis.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Probability of default: is the estimated probability that the counterparty will default on its principal and/or interest payment obligations.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Loss given default: is the estimate of the severity of the loss incurred in the event of non-compliance. It depends mainly on the updating of the guarantees associated with the operation and the future cash flows that are expected to be recovered.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In any case, when estimating the flows expected to be recovered, portfolio sales are included. It should be noted that due to the Group's recovery policy and the experience observed in relation to the prices of past sales of assets classified as stage 3 and/or default risk, there is no substantial divergence between the flows obtained from recoveries after performing recovery management of the assets with those obtained from the sale of portfolios of assets discounting structural expenses and other costs incurred.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The definition of default implemented by the Group for the purpose of calculating the impairment provision models is based on the definition in Article 178 of Regulation 575/2013 of the European Union (CRR), which is fully aligned with the requirements of IFRS 9, which considers that a 'default' exists in relation to a specific customer/contract when at least one of the following circumstances exists: the entity considers that there are reasonable doubts about the payment of all its credit obligations or that the customer/contract is in an irregular situation for more than 90 consecutive days past due material balances with respect to any significant credit obligation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has partially and voluntarily aligned during 2022 the accounting definition of Stage 3, as well as the calculation of impairment provision models, to the New Definition of Default, incorporating the criteria defined by the EBA in its implementation guide of the definition of default, capturing the economic deterioration of the operations (days in default - on a daily basis - and materiality thresholds - minimum amount in arrears). The alignment of criteria has been done taking into account the criteria of IFRS 9 as well as the accounting principles of unbiased presentation of financial information. Grupo Santander has registered an increase in the default rate at around 19 basis points, with no material impact on the provision figures for credit risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group considers the risk generated in all cross-border transactions due to circumstances other than the usual commercial risk of insolvency (sovereign risk, transfer risk or risks arising from international financial activity, such as wars, natural catastrophes, balance of payments crisis, etc.).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">IFRS 9 includes a series of practical solutions that can be implemented by entities, with the aim of facilitating its implementation. However, in order to achieve a complete and high-level implementation of the standard, and following the best practices of the industry, the Group does not apply these practical solutions in a generalised manner:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Rebuttable presumption that the credit risk has increased significantly, when payments are more than 30 days past due: this threshold is used as an additional, but not primary, indicator of significant risk increase. Additionally, there may be cases in the Group where its use has been rebutted as a result of studies that show a low correlation of the significant risk increase with this past due threshold. The volume rebutted does not exceed 0.1% of the Group's total exposure.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Assets with low credit risk at the reporting date: the Group assesses the existence of significant risk increase in all its financial instruments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This information is provided in more detail in note 53 b.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Detail of individual estimate of impairment</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the individual estimate of the assessment for impairment of the financial asset, the Group has a specific methodology to estimate the value of the cash flows expected to be collected:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Recovery through the debtor's ordinary activities (going approach).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Recovery through the execution and sale of the collateral guaranteeing the operations (gone approach).</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Gone approach:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a. Evaluation of the effectiveness of guarantees</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander assesses the effectiveness of all the guarantees associated considering the following:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The time required to execute these guarantees.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Grupo Santander's ability to enforce or assert these guarantees in its favour.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The existence of limitations imposed by each local unit´s regulation on the foreclosure of collateral.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Under no circumstances the Group considers that a guarantee is effective if its effectiveness depends substantially on the solvency of the debtor, as could be the case:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Promises of shares or other securities of the debtor himself when their valuation may be significantly affected by a debtor's default.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Personal cross-collateralisation: when the guarantor of a transaction is, at the same time, guaranteed by the holder of that transaction.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the basis of the foregoing, the following types of guarantees are considered to be effective:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Mortgage guarantees on properties, which are first charge, duly constituted and registered. Real estate includes:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Buildings and finished building elements.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Urban and developable land in order. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Other real estate, including buildings under construction, developments in progress or at a standstill, and other land, such as rural properties. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Pledges on financial instruments such as cash deposits, debt securities of reputable issuers or equity instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Other types of security interests, including movable property received as security and second and subsequent mortgages on real state , provided that they are proven to be effective under particularly restrictive criteria.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Personal guarantees, including new holders, covering the entire amount and involving direct and joint liability to the entity, from persons or entities whose equity solvency ensures repayment of the transaction under the agreed terms.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b. Valuation of guarantees</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander assesses the guarantees on the basis of their nature in accordance with the following:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Mortgage guarantees on properties associated with financial instruments, using a complete individual valuations carried out by independent valuation experts and under generally accepted valuation standards. If this is not possible, alternative valuations are used with duly documented and approved internal valuation models.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Personal guarantees are valued individually on the basis of the guarantor´s updated information.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The rest of the guarantees are valued based on current market values.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c. Adjustments to the value of guarantees and estimation of future cash flow inflows and outflows</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander applies a series of adjustments to the value of the guarantees in order to improve the reference values:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Adjustments based on the historical sales experience of local units for certain types of assets.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Individual expert adjustments based on additional management information.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, to adjust the value of the guarantees, the time value of money is taken into account based on the historical experience of each of the units, estimating:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Period of adjudication.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Estimated time of sale of the asset.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group takes into account all those cash inflows and outflows linked to that guarantee until it is sold:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Possible future income commitments in favour of the borrower which will available after the asset is awarded.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Estimated foreclosure costs.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Asset maintenance costs, taxes and community costs.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Estimated marketing or sales costs.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, since it is considered that the guarantee will be sold in the future, the Group applies an additional adjustment ('index forward') in order to adjust the value of the guarantees to future valuation expectations.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">v. Impairment individual assessment scope</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander determines the perimeter over which it makes an estimate of the assessment for impairment on an individual basis based on a relevance threshold set by each of the geographical areas and the stage in which the operations are located. In general, the Group applies the individualised calculation of expected losses to the significant exposures classified in stage 3, although Banco Santander, S.A. has also extended its analyses to some of the exposures classified in stage 2.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">It should be noted that, in any case and irrespective of the stage in which their transactions are carried out, for customers who do not receive standardised treatment, a relational risk management model is applied, with individualised treatment and monitoring by the assigned risk analyst. In addition to wholesale customers (Santander Corporate & Investment Banking or SCIB) and large companies, this relational management model also includes other segments of smaller companies for which there is information and capacity for more personalised and expert analysis and monitoring. As indicated in the Group's wholesale credit model, the individual treatment of the client facilitates the continuous updating of information. The risk assumed must be followed and monitored throughout its life cycle, enabling anticipation and action to be taken in the event of possible impairments. In this way, the customer's credit quality is analysed individually, taking into account specific aspects such as his competitive position, financial performance, management, etc. In the wholesale risk management model, every customer with a credit risk position is assigned a rating, which has an associated probability of customer default. Thus, individual analysis of the debtor triggers a specific rating for each customer, which determines the appropriate parameters for calculating the expected loss, so that it is the rating itself that initially modulates the necessary coverage, adjusting the severity of the possible loss to the guarantees and other mitigating factors that the customer may have available. In addition, if as a result of this individualised monitoring of the customer, the analyst finally considers that his coverage is not sufficient, he has the necessary mechanisms to adjust it under his expert judgement, always under the appropriate governance.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">h) Repurchase agreements and reverse repurchase agreements</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Purchases (sales) of financial instruments under a non-optional resale (repurchase) agreement at a fixed price (repos) are recognised in the consolidated balance sheet as financing granted (received), based on the nature of the debtor (creditor), under 'Loans and advances with central banks', 'Loans and advances to credit institutions' or 'Loans and advances to customers' (Deposits from central banks, Deposits from credit institutions or Customer deposits).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Differences between the purchase and sale prices are recognised as interest over the contract term.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">i) 'Non-current assets' and 'liabilities associated with non-current assets held for sale'</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Non-current assets held for sale' includes the carrying amount of individual items, disposal groups or items forming part of a business unit earmarked for disposal (discontinued operations), whose sale in their present condition is highly likely to be completed within one year from the reporting date. Therefore, the recovery of the carrying amount of these items -which can be of a financial nature or otherwise- will foreseeably be effected through the proceeds from their disposal.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Specifically, property or other non-current assets received by the consolidated entities as total or partial settlement of their debtors’ payment obligations to them are deemed to be 'Non-current assets held for sale', unless the consolidated entities have decided to make continuing use of these assets. In this connection, for the purpose of its consideration in the initial recognition of these assets, the Group obtains, at the foreclosure date, the fair value of the related asset through a request for appraisal by external appraisal agencies.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has in place a corporate policy that ensures the professional competence and the independence and objectivity of the external appraisal agencies, in accordance with the regulations, which require appraisal agencies to meet independence, neutrality and credibility requirements, so that the use of their estimates does not reduce the reliability of its valuations. This policy establishes that all the appraisal companies and agencies with which the Group works in Spain should be registered in the Official Register of the Bank of Spain and that the appraisals performed by them should follow the methodology established in Ministry of Economy Order ECO/805/2003, of 27 March. The main appraisal companies and agencies with which the Group worked in Spain in 2022 are as follows: Gloval Valuation, S.A.U., Tinsa Tasaciones Inmobiliarias, S.A.U., CBRE Valuation Advisory, S.A., Valoraciones Mediterráneo, S.A. y Sociedad de tasación, S.A. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, this policy establishes that the various subsidiaries abroad work with appraisal companies that have recent experience in the area and the type of asset under appraisal and meet the independence requirements established in the corporate policy. They should verify, inter alia, that the appraisal company is not a party related to the Group and that its billings to the Group in the last twelve months do not exceed 15% of the appraisal company’s total billings.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Liabilities associated with non-current assets held for sale' includes the balances payable arising from the assets held for sale or disposal groups and from discontinued operations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Non-current assets and disposal groups of items that have been classified as held for sale' are generally recognised at the date of their allocation to this category and are subsequently valued at the lower of their fair value less costs to sell or its book value. 'Non-current assets and disposal groups of items that are classified as held for sale' are not amortised as long as they remain in this category.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the fair value less costs to sell of non-current assets held for sale exceeded their carrying amount by EUR 631 million (EUR 567 million at 31 December 2021); however, in accordance with the accounting standards, this unrealised gain could not be recognised.</span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The valuation of the portfolio of non-current assets held for sale has been made in compliance with the requirements of International Financial Reporting Standards in relation to the estimate of the fair value of tangible assets and the value-in-use of financial assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The value of the portfolio is determined as the sum of the values of the individual elements that compose the portfolio, without considering any total or batch grouping in order to correct the individual values.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander, in compliance with Bank of Spain Circular 4/2017, and subsequent amendments, on public and private financial reporting standards and financial statement models, has developed a methodology that enables it to estimate the fair value and costs of sale of assets foreclosed or received in payment of debts. This methodology is based on the classification of the portfolio of foreclosed assets into different segments. Segmentation enables the intrinsic characteristics of Banco Santander's portfolio of foreclosed assets to be differentiated, so that assets with homogeneous characteristics are grouped by segment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Thus, the portfolio is segmented into (i) finished assets of a residential and tertiary nature, (ii) developments in progress and (iii) land.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">1</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">In determining the critical segments in the overall portfolio, assets are classified on the basis of the nature of the asset and its stage of development. This segmentation is made in order to seek the liquidation of the asset (which should be carried out in the shortest possible time).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When making decisions, the situation and/or characteristics of the asset are fundamentally taken into account, as well as the evaluation of all the determining factors that favour the recovery of the debt. For them, the following aspects are analyzed, among others:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The time that has elapsed since the adjudication.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The transferability and contingencies of the foreclosed asset.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The economic viability from the real estate point of view with the necessary investment estimate.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The expenses that may arise from the marketing process.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The offers received, as well as the difficulties in finding buyers.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">In the case of real estate assets foreclosed in Spain, which represent 90% of the Group’s total non-current assets held for sale, the valuation of the portfolio is carried out by applying the following models:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Market Value Model used in the valuation of finished properties of a residential nature (mainly homes and car parks) and properties of a tertiary nature (offices, commercial premises and multipurpose buildings). For the valuation of finished assets whose availability for sale is immediate, a market sale value provided by a third party external to Banco Santander is considered, calculated under the AVM methodology by the comparable properties method adjusted by our experience in selling similar assets, given the term, price, volume, trend in the value of these assets and the time elapsing until their sale and discounting the estimated costs of sale.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The market value is determined on the basis of the definition established by the International Valuation Standards drawn up by the IVSC (International Valuation Standards Council), understood as the estimated amount for which an asset or a liability should be exchanged on the measurement date between a willing buyer and a willing seller, in an arm's length transaction, after appropriate marketing, and in which the parties have acted with sufficient information, prudently and without coercion.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The current market value of the properties is estimated on the basis of automated valuations obtained by taking comparable properties as a reference; simulating the procedure carried out by an appraiser in a physical valuation according to Order ECO 805/2003: selection of properties and obtaining the unit value by applying homogenisation adjustments. The selection of the properties is carried out by location within the same real estate cluster and according to the characteristics of the properties, filtering by type</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">, surface area range and age. The model enables a distinction to be made within the municipality under study as to which areas are similar and comparable and therefore have a similar value in the property market, discriminating between which properties are good comparators and which are not.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Adjustments to homogenize the properties are made according to: (i) the age of the property according to the age of the property to be valued, (ii) the deviation of the built area from the common area with respect to the property to be valued and (iii) by age of the date of capture of the property according to the price evolution index of the real estate market.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, for individually significant assets, complete individual valuations are carried out, including a visit to the asset, market analysis (data relating to supply, demand, current sale or rental price ranges and supply-demand and revaluation expectations) and an estimate of expected income and costs.</span></div></div></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1. The assets in a situation of 'stopped development' are included under 'land</span></div><div style="padding-left:9.07pt;text-indent:-7.09pt"><span><br/></span></div><div style="padding-left:9.07pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">2. Assets qualified as protected housing are taken into account. The maximum legal value of these assets is determined by the VPO module, obtained from the result of multiplying the State Basic Module (MBE) by a zone coefficient determined by each autonomous community. To carry out the valuation of a protected property, the useful surface area is used in accordance with current regulations..</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">For this segmentation of assets, when they are completed, the real costs are known and the actual expenses for the marketing and sale of the asset must be taken into account. Therefore, Banco Santander uses the actual costs in its calculation engine or, failing that, those estimated on the basis of its observed experience.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Market Value Model according to Evolution of Market Values used to update the valuation of developments in progress. The valuation model estimates the current market value of the properties based on complete individual valuations by third parties, calculated from the values of the feasibility studies and development costs of the promotion, as well as the selling costs, distinguishing by location, size and type of property. The inputs used in the valuation model for residential assets under construction are actual revenues and costs.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For this purpose, in order to calculate the investment flows, Banco Santander considers, on the basis of the feasibility studies, the expenditure required for construction, the professional fees relating to the project and to project management, the premiums for mandatory building insurance, the developer's administrative expenses, licenses, taxes on new construction and fees, and urban development charges.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With respect to the calculation of income flows, Banco Santander takes into account the square metres built, the number of homes under construction and the estimated selling price over 1.5 years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The market value will be the result of the difference between the income flows and the investment flows estimated at each moment.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Land Valuation model. The methodology followed by the Group regarding land valuation consists of updating the individual reference valuation of each of the land on an annual basis, through updated valuation valuations carried out by independent professionals and following the methodology established in the OM (Ministerial Order) ECO/805/2003, of 27 March, whose main verifications in the case of land valuation, regardless of the degree of urbanisation of the land, correspond to:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Visual verification of the assessed property.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Registry description.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Urban planning.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Visible easements.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Visible state of occupation, possession, use and exploitation.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Protection regime.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Apparent state of preservation.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Correspondence with cadastral property.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Existence of expropriation procedure, expropriation plan or project, administrative resolution or file that may lead to expropriation.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Expiry of the urbanization or building deadlines.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Existence of a procedure for failure to comply with obligations.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Verification of surfaces.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the purposes of valuation, the land will be classified in the following levels:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Level I: It will include all the lands that do not belong to level II.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Level II: It shall include land classified as undeveloped where building is not allowed for uses other than agriculture, forestry, livestock or linked to an economic exploitation permitted by the regulations in force. Also included are lands classified as developable that are not included in a development area of urban planning or that, in such an area, the conditions for its development have not been defined.</span></div><div style="margin-bottom:9pt;padding-left:17.86pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In those cases where the Group does not have an updated reference value through an ECO valuation for the current year, we use as a reference value the latest available ECO valuation reduced or corrected by the average annual coverage ratio of the land on which we have obtained an updated reference value, through an ECO valuation. </span></div><div style="margin-bottom:9pt;padding-left:17.86pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander applies a discount to the aforementioned reference values that takes into account both the discount on the reference value in the sales process and the estimated costs of marketing or selling the land:</span></div><div style="margin-bottom:9pt;padding-left:17.86pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Discount on reference value = % discount on sales + % marketing costs being:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">% discount on Sales: = 100 - (sales price / updated appraisal value).</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">marketing costs: calculated on the basis of our historical experience in sales and in accordance with the marketing management fees negotiated with our suppliers of this type of service.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In this way the Group obtains the corrected market value, an amount that we compare with the net cost of each piece of land to determine its correct valuation and conclude with our valuation process.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in relation to the previously mentioned valuations, less costs to sell, are contrasted with the sales experience of each type of asset in order to confirm that there is no significant difference between the sale price and the valuation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Impairment losses on an asset or disposal group arising from a reduction in its carrying amount to its fair value (less costs to sell) are recognised under 'Gains or (losses) on non-current assets held for sale not classified as discontinued operations' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The gains on a non-current asset held for sale resulting from subsequent increases in fair value (less costs to sell) increase its carrying amount and are recognised in the consolidated income statement up to an amount equal to the impairment losses previously recognised.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">j) Assets under insurance or reinsurance contracts and Liabilities under insurance or reinsurance contracts</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Insurance contracts involve the transfer of a certain quantifiable risk in exchange for a periodic or one-off premium. The effects on the Group’s cash flows will arise from a deviation in the payments forecast and/or an insufficiency in the premium set.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group controls its insurance risk as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By applying a strict methodology in the launch of products and in the assignment of value thereto.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By using deterministic and stochastic actuarial models for measuring commitments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By using reinsurance as a risk mitigation technique as part of the credit quality guidelines in line with the Group’s general risk policy.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By establishing an operating framework for credit risks.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By actively managing asset and liability matching.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By applying security measures in processes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Reinsurance assets includes the amounts that the consolidated entities are entitled to receive for reinsurance contracts with third parties and, specifically, the reinsurer’s share of the technical provisions recorded by the consolidated insurance entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At least once a year these assets are reviewed to ascertain whether they are impaired (i.e. there is objective evidence, as a result of an event that occurred after initial recognition of the reinsurance asset, that Grupo Santander may not receive all amounts due to it under the terms of the contract and the amount that will not be received can be reliably measured), and any impairment loss is recognised in the consolidated income statement and the assets are written down.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Liabilities under insurance contracts' includes the technical provisions recorded by the consolidated entities to cover claims arising from insurance contracts in force at year-end.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Insurers’ results relating to their insurance business are recognised, according to their nature, under the related consolidated income statement items.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with standard accounting practice in the insurance industry, the consolidated insurance entities credit to the income statement the amounts of the premiums written and charge to income the cost of the claims incurred on final settlement thereof. Insurance entities are therefore required to accrue at period-end the unearned revenues credited to their income statements and the accrued costs not charged to income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At least at each reporting date the Group assesses whether the insurance contract liabilities recognised in the consolidated balance sheet are adequate. For this purpose, it calculates the difference between the following amounts:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Current estimates of future cash flows under the insurance contracts of the consolidated entities. These estimates include all contractual cash flows and any related cash flows, such as claims handling costs.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The carrying amount recognised in the consolidated balance sheet of its insurance contract liabilities (see note 15), less any related deferred acquisition costs or related intangible assets, such as the amount paid to acquire, in the event of purchase by the entity, the economic rights held by a broker deriving from policies in the entity’s portfolio.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If the calculation results in a positive amount, this deficiency is charged to the consolidated income statement. When unrealised gains or losses on assets of the Group’s insurance companies affect the measurement of liabilities under insurance contracts and/or the related deferred acquisition costs and/or the related intangible assets, these gains or losses are recognised directly in equity. The corresponding adjustment in the liabilities under insurance contracts (or in the deferred acquisition costs or in intangible assets) is also recognised in equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most significant items forming part of the technical provisions (see note 15) are detailed below:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non-life insurance provisions:</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i) Provision for unearned premiums: relates to the portion of the premiums received at year-end that is allocable to the period from the reporting date to the end of the policy cover period.</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii) Provisions for unexpired risks: this supplements the provision for unearned premiums to the extent that the amount of the latter is not sufficient to reflect all the assessed risks and expenses to be covered by the insurance companies in the policy period not elapsed at the reporting date.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Life insurance provisions: represent the value of the net obligations acquired vis-à-vis life insurance policyholders. These provisions include:</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i) Provision for unearned premiums and unexpired risks: this relates to the portion of the premiums received at year-end that is allocable to the period from the reporting date to the end of the policy cover period.</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii) Mathematical provisions: these relate to the value of the insurance companies’ obligations, net of the policyholders’ obligations. These provisions are calculated on a policy-by-policy basis using an individual capitalisation system, taking as a basis for the calculation the premium accrued in the year, and in accordance with the technical bases of each type of insurance updated, where appropriate, by the local mortality tables.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Provision for claims outstanding: this reflects the total obligations outstanding arising from claims incurred prior to the reporting date. This provision is calculated as the difference between the total estimated or certain cost of the claims not yet reported, settled or paid and all the amounts already paid in relation to such claims.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Provision for bonuses and rebates: this provision includes the amount of the bonuses accruing to policyholders, insureds or beneficiaries and that of any premiums to be returned to policyholders or insureds, to the extent that such amounts have not been assigned at the reporting date. These amounts are calculated on the basis of the conditions of the related individual policies.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Technical provisions for life insurance policies where the investment risk is borne by the policyholders: these provisions are calculated on the basis of the indices established as a reference to determine the economic value of the policyholders’ rights.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">k) Tangible assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Tangible assets includes the amount of buildings, land, furniture, vehicles, computer hardware and other fixtures owned by the consolidated entities or acquired under finance leases. Tangible assets are classified by use as follows:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Property, plant and equipment for own use</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Property, plant and equipment for own use – including tangible assets received by the consolidated entities in full or partial satisfaction of financial assets representing receivables from third parties which are intended to be held for continuing use and tangible assets acquired under finance leases– are presented at acquisition cost, less the related accumulated depreciation and any estimated impairment losses (carrying amount higher than recoverable amount).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Depreciation is calculated, using the straight-line method, on the basis of the acquisition cost of the assets less their residual value. The land on which the buildings and other structures stand has an indefinite life and, therefore, is not depreciated.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The annual tangible asset depreciation charge is recognised in the consolidated income statement and are essentially equivalent to the following amortization percentages (determined based on the years of estimated useful life, on average, of the different elements):</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:64.332%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:33.468%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average<br/>annual rate</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Buildings for own use</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Office and IT equipment</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Lease use rights</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less than the lease<br/>term or the useful life<br/>of the underlying asset</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of each reporting period, consolidated entities assess whether there is any indication that the carrying amount of an asset exceeds its recoverable amount, in which case they write down the carrying amount of the asset to its recoverable amount and adjust future depreciation charges in proportion to its adjusted carrying amount and to its new remaining useful life, if the useful life needs to be re-estimated.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Similarly, if there is an indication of a recovery in the value of a tangible asset, the consolidated entities recognise the reversal of the impairment loss recognised in prior periods and adjust the future depreciation charges accordingly. In no circumstances may the reversal of an impairment loss on an asset raise its carrying amount above that which it would have if no impairment losses had been recognised in prior years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimated useful lives of the items of property, plant and equipment for own use are reviewed at least at the end of the reporting period with a view to detecting significant changes therein. If changes are detected, the useful lives of the assets are adjusted by correcting the depreciation charge to be recognised in the consolidated income statement in future years on the basis of the new useful lives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Upkeep and maintenance expenses relating to property, plant and equipment for own use are recognised as an expense in the period in which they are incurred, since they do not increase the useful lives of the assets.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Investment property</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Investment property' reflects the net values of the land, buildings and other structures held either to earn rentals or for obtaining profits by sales due to future increase in market prices.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria used to recognise the acquisition cost of investment property, to calculate its depreciation and its estimated useful life and to recognise any impairment losses thereon are consistent with those described in relation to property, plant and equipment for own use.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to evaluate the possible impairment Grupo Santander determines periodically the fair value of its investment property so that, at the end of the reporting period, the fair value reflects the market conditions of the investment property at that date. This fair value is determined annually, taking as benchmarks the valuations performed by independent experts. The methodology used to determine the fair value of investment property is selected based on the status of the asset in question; thus, for properties earmarked for lease, the valuations are performed using the sales comparison approach, whereas for leased properties the valuations are made primarily using the income capitalisation approach and, exceptionally, the sales comparison approach.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the sales comparison approach, the property market segment for comparable properties is analysed, inter alia, and, based on specific information on actual transactions and firm offers, current prices are obtained for cash sales of those properties. The valuations performed using this approach are considered as level 2 valuations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the income capitalisation approach, the cash flows estimated to be obtained over the useful life of the property are discounted taking into account factors that may influence the amount and actual obtainment thereof, such as: (i) the payments that are normally received on comparable properties; (ii) current and probable future occupancy; (iii) the current or foreseeable default rate on payments. The valuations performed using this approach are considered as Level 3 valuations, since significant unobservable inputs are used, such as current and probable future occupancy and/or the current or foreseeable default rate on payments.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Assets leased out under an operating lease</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Property, plant and equipment' - Leased out under an operating lease reflects the amount of the tangible assets, other than land and buildings, leased out by the Group under an operating lease.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria used to recognise the acquisition cost of assets leased out under operating leases, to calculate their depreciation and their respective estimated useful lives and to recognise the impairment losses thereon are consistent with those described in relation to property, plant and equipment for own use.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">l) Accounting for leases</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main aspects contained in the regulation (IFRS 16) adopted by the Group are included below:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When the Group acts as lessee, it recognises a right-of-use asset representing its right to use the underlying leased asset with a corresponding lease liability on the date on which the leased asset is available for use by the Group. Each lease payment is allocated between the liability and the finance charge. The finance charge is allocated to the income statement during the term of the lease in such a way as to produce a constant periodic interest rate on the remaining balance of the liability for each year. The right-of-use asset is depreciated over the useful life of the asset or the lease term, whichever is shorter, on a straight-line basis. If the Group is reasonably certain to exercise a purchase option, the right-of-use asset is amortized over the useful life of the underlying asset. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Assets and liabilities arising from a lease are initially measured at present value. Lease liabilities include the net present value of the following lease payments:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Fixed payments (including inflation-linked payments), less any lease incentive receivable.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Variable lease payments that depend on an index or rate.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The amounts expected to be paid by the lessee under residual value guarantees.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The exercise price of a purchase option if the lessee is reasonably certain that it will exercise that option.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Lease termination penalty payments, if the term of the lease reflects the lessee's exercise of that option.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lease payments are discounted using the interest rate implicit in the lease. Given in certain situations this interest rate cannot be obtained, the discount rate used in this cases, is the lessee's incremental borrowing rate at the related date. For this purpose, the entity has calculated this incremental borrowing rate taking as reference the listed debt instruments issued by the Group; in this regard, the Group has estimated different interest rate curves depending on the currency and economic environment in which the contracts are located. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to construct the incremental borrowing rate, a methodology has been developed at the corporate level. This methodology is based on the need for each entity to consider its economic and financial situation, for which the following factors must be considered:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Economic and political situation (country risk).</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Credit risk of the company.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Monetary policy.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Volume and seniority of the company’s debt instrument issues.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The incremental borrowing rate is defined as the interest rate that a lessee would have to pay for borrowing, given a similar period to the duration of the lease and with similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. The Group entities have a wide stock and variety of financing instruments issued in different currencies to that of the euro (pound, dollar, etc.) that provide sufficient information to be able to determine an "all in rate" (reference rate plus adjustment for credit spread at different terms and in different currencies). In circumstances, where the leasing company has its own financing, this has been used as the starting point for determining the incremental borrowing rate. On the other hand, for those Grupo Santander entities that do not have their own financing, the information from the financing of the consolidated subgroup to which they belong was used as the starting point for estimating the entity's curve, analysing other factors to assess whether it is necessary to make any type of negative or positive adjustment to the initially estimated credit spread.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Right-of-use assets are valued at cost which includes the following:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The amount of the initial measurement of the lease liability.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Any lease payment made at or before the commencement date less any lease incentive received.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Any initial direct costs.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Restoration costs.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group recognises the payments associated with short-term leases and leases of low-value assets on a straight-line basis as an expense in the income statement. Short-term leases are leases with a lease term less than or equal to 12 months (a lease that contains a purchase option is not a short term lease).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">m) Intangible assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets are identifiable non-monetary assets (separable from other assets) without physical substance which arise as a result of a legal transaction or which are developed internally by the consolidated entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Only assets whose cost can be estimated reliably and from which the consolidated entities consider it probable that future economic benefits will be generated are recognised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets are recognised initially at acquisition or production cost and are subsequently measured at cost less any accumulated amortisation and any accumulated impairment losses.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Goodwill</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Any excess of the cost of the investments in the consolidated entities and entities accounted for using the equity method over the corresponding underlying carrying amounts acquired, adjusted at the date of first-time consolidation, is allocated as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">If it is attributable to specific assets and liabilities of the companies acquired, by increasing the value of the assets (or reducing the value of the liabilities) whose fair values were higher (lower) than the carrying amounts at which they had been recognised in the acquired entities’ balance sheets.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">If it is attributable to specific intangible assets, by recognising it explicitly in the consolidated balance sheet provided that the fair value of these assets within twelve months following the date of acquisition can be measured reliably.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The remaining amount is recognised as goodwill, which is allocated to one or more cash-generating units (CGU) (a cash-generating unit is the smallest identifiable group of assets that, as a result of continuing operation, generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets). The cash-generating units represent the Group’s geographical and/or business segments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Goodwill (only recognised when it has been acquired by consideration) represents, therefore, a payment made by the acquirer in anticipation of future economic benefits from assets of the acquired entity that are not capable of being individually identified and separately recognised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of each annual reporting period or whenever there is any indication of impairment goodwill is reviewed for impairment (i.e. a reduction in its recoverable amount to below its carrying amount) and, if there is any impairment, the goodwill is written down with a charge to 'Impairment or reversal of impairment on non-financial assets, net - Intangible assets' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">An impairment loss recognised for goodwill is not reversed in a subsequent period.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the event of sale or departure of an activity that is part of a CGU, the part of the goodwill that can be assigned to said activity would be written-off, taking as a reference the relative value of the same over the total of the CGU at the time of sale or abandonment. If applicable, the distribution by currency of the remaining goodwill will be performed based on the relative values of the remaining activities.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Other intangible assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other intangible assets includes the amount of identifiable intangible assets, such as purchased customer lists and computer software.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other intangible assets can have an indefinite useful life -when, based on an analysis of all the relevant factors, it is concluded that there is no foreseeable limit to the period over which the asset is expected to generate net cash inflows for the consolidated entities- or a finite useful life, in all other cases.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets with indefinite useful lives are not amortised, but rather at the end of each reporting period or whenever there is any indication of impairment the consolidated entities review the remaining useful lives of the assets in order to determine whether they continue to be indefinite and, if this is not the case, to take the appropriate steps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets with finite useful lives are amortised over those useful lives using methods similar to those used to depreciate tangible assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The intangible asset amortisation charge is recognised under 'Depreciation and amortisation' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In both cases the consolidated entities recognise any impairment loss on the carrying amount of these assets with a charge to 'Impairment or reversal of impairment on non-financial assets, net - Intangible assets in the consolidated' income statement. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria used to recognise the impairment losses on these assets and, where applicable, the reversal of impairment losses recognised in prior years are similar to those used for tangible assets (see note 2.k).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Internally developed computer software</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Internally developed computer software is recognised as an intangible asset if, among other requisites (basically the Group’s ability to use or sell it), it can be identified and its ability to generate future economic benefits can be demonstrated.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Expenditure on research activities is recognised as an expense in the year in which it is incurred and cannot be subsequently capitalised into the carrying amount of the intangible asset.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">n) Other assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other assets' in the consolidated balance sheet includes the amount of assets not recorded in other items, the breakdown being as follows:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Inventories: this item includes the amount of assets, other than financial instruments, that are held for sale in the ordinary course of business, that are in the process of production, construction or development for such purpose, or that are to be consumed in the production process or in the provision of services. Inventories include land and other property held for sale in the property development business.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Inventories are measured at the lower of cost and net realisable value, which is the estimated selling price of the inventories in the ordinary course of business, less the estimated costs of completion and the estimated costs required to make the sale.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Any write-downs of inventories -such as those due to damage, obsolescence or reduction of selling price- to net realisable value and other impairment losses are recognised as expenses for the year in which the impairment or loss occurs. Subsequent reversals are recognised in the consolidated income statement for the year in which they occur.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The carrying amount of inventories is derecognised and recognised as an expense in the period in which the revenue from their sale is recognised.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Other: this item includes the balance of all prepayments and accrued income (excluding accrued interest, fees and commissions), the net amount of the difference between pension plan obligations and the value of the plan assets with a balance in the entity’s favour, when this net amount is to be reported in the consolidated balance sheet, and the amount of any other assets not included in other items.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">o) Other liabilities</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Other liabilities' includes the balance of all accrued expenses and deferred income, excluding accrued interest, and the amount of any other liabilities not included in other categories.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">p) Provisions and contingent liabilities (assets)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When preparing the financial statements of the consolidated entities, Banco Santander’s directors made a distinction between:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Provisions: credit balances covering present obligations at the reporting date arising from past events which could give rise to a loss for the consolidated entities, which is considered to be likely to occur and certain as to its nature but uncertain as to its amount and/or timing.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Contingent liabilities: possible obligations that arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more future events not wholly within the control of the consolidated entities. They include the present obligations of the consolidated entities when it is not probable that an outflow of resources embodying economic benefits will be required to settle them. The Group does not recognise the contingent liability. The Group will disclose a contingent liability, unless the possibility of an outflow of resources embodying economic benefits is remote. </span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Contingent assets: possible assets that arise from past events and whose existence is conditional on, and will be confirmed only by, the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Group. Contingent assets are not recognised in the consolidated balance sheet or in the consolidated income statement, but rather are disclosed in the notes, provided that it is probable that these assets will give rise to an increase in resources embodying economic benefits.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander’s consolidated financial statements include all the material provisions with respect to which it is considered that it is more likely than not the obligation will have to be settled. In accordance with accounting standards, contingent liabilities must not be recognised in the consolidated financial statements, but must rather be disclosed in the Notes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Provisions (which are quantified on the basis of the best information available on the consequences of the event giving rise to them and are reviewed and adjusted at the end of each year) are used to cater for the specific obligations for which they were originally recognised. Provisions are fully or partially reversed when such obligations cease to exist or are reduced.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Provisions are classified according to the obligations covered as follows (see note 25):</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Provision for pensions and similar obligations: includes the amount of all the provisions made to cover post-employment benefits, including obligations to pre-retirees and similar obligations.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Provisions for contingent liabilities and commitments: include the amount of the provisions made to cover contingent liabilities -defined as those transactions in which the Group guarantees the obligations of a third party, arising as a result of financial guarantees granted or contracts of another kind- and contingent commitments -defined as irrevocable commitments that may give rise to the recognition of financial assets.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Provisions for taxes and other legal contingencies and Other provisions: include the amount of the provisions recognised to cover tax and legal contingencies and litigation and the other provisions recognised by the consolidated entities. Other provisions includes, inter alia, any provisions for restructuring costs and environmental measures.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">q) Court proceedings and/or claims in process</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of 2022 certain court proceedings and claims were in process against the consolidated entities arising from the ordinary course of their operations (see note 25).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">r) Own equity instruments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Own equity instruments are those meeting both of the following conditions:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The instruments do not include any contractual obligation for the issuer (i) to deliver cash or another financial asset to a third party; or (ii) to exchange financial assets or financial liabilities with a third party under conditions that are potentially unfavourable to the issuer.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The instruments will or may be settled in the issuer’s own equity instruments and are: (i) a non-derivative that includes no contractual obligation for the issuer to deliver a variable number of its own equity instruments; or (ii) a derivative that will be settled by the issuer through the exchange of a fixed amount of cash or another financial asset for a fixed number of its own equity instruments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Transactions involving own equity instruments, including their issuance and cancellation, are charged directly to equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Changes in the value of instruments classified as own equity instruments are not recognised in the consolidated financial statements. Consideration received or paid in exchange for such instruments, including the coupons on preference shares contingently convertible into ordinary shares and the coupons associated with CCPP, is directly added to or deducted from equity.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">s) Equity-instrument-based employee remuneration</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Own equity instruments delivered to employees in consideration for their services, if the instruments are delivered once the specific period of service has ended, are recognised as an expense for services (with the corresponding increase in equity) as the services are rendered by employees during the service period. At the grant date the services received (and the related increase in equity) are measured at the fair value of the equity instruments granted. If the equity instruments granted are vested immediately, Grupo Santander recognises in full, at the grant date, the expense for the services received.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When the requirements stipulated in the remuneration agreement include external market conditions (such as equity instruments reaching a certain quoted price), the amount ultimately to be recognised in equity will depend on the other conditions being met by the employees (normally length of service requirements), irrespective of whether the market conditions are satisfied. If the conditions of the agreement are met but the external market conditions are not satisfied, the amounts previously recognised in equity are not reversed, even if the employees do not exercise their right to receive the equity instruments.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">t) Recognition of income and expenses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most significant criteria used by Grupo Santander to recognise its income and expenses are summarised as follows:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Interest income, interest expenses and similar items</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Interest income, interest expenses and similar items are generally recognised on an accrual basis using the effective interest method. Dividends received from other companies are recognised as income when the consolidated entities’ right to receive them arises.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Commissions, fees and similar items</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Fee and commission income and expenses are recognised in the consolidated income statement using criteria that vary according to their nature. The main criteria are as follows:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Fee and commission income and expenses relating to financial assets and financial liabilities measured at fair value through profit or loss are recognised when paid.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Those arising from transactions or services that are performed over a period of time are recognised over the life of these transactions or services.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Those relating to services provided in a single act are recognised when the single act is carried out.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Non-finance income and expenses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">They are recognised for accounting purposes when the good is delivered or the non-financial service is rendered. To determine the amount and timing of recognition, a five-step model is followed: identification of the contract with the customer, identification of the separate obligations of the contract, determination of the transaction price, distribution of the transaction price among the identified obligations and finally recording of income as the obligations are satisfied.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Deferred collections and payments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These are recognised for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Loan arrangement fees</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Loan arrangement fees, mainly loan origination, application and information fees, are accrued and recognised in income over the term of the loan.</span></div><div style="margin-bottom:3pt;margin-top:9pt;text-align:justify"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">u) Financial guarantees</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial guarantees are considered contracts that require the issuer to make specific payments to reimburse the creditor for the loss it incurs when a specific debtor defaults on its due date payment obligation in accordance with the original or modified conditions of debt instrument, regardless of its legal form, which may be, among others, a deposit, financial guarantee, insurance contract or credit derivative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander initially recognises the financial guarantees provided on the liability side of the consolidated balance sheet at fair value, which is generally the present value of the fees, commissions and interest receivable from these contracts over the term thereof, and simultaneously the Group recognises the amount of the fees, commissions and similar interest received at the inception of the transactions and a credit on the asset side of the consolidated balance sheet for the present value of the fees, commissions and interest outstanding.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial guarantees, regardless of the guarantor, instrumentation or other circumstances, are reviewed periodically so as to determine the credit risk to which they are exposed and, if appropriate, to consider whether a provision is required. The credit risk is determined by application of criteria similar to those established for quantifying impairment losses on debt instruments carried at amortised cost (described in note 2.g above).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions made for these transactions are recognised under 'Provisions - Provisions for commitments and guarantees given in the consolidated balance sheet' (see note 25). These provisions are recognised and reversed with a charge or credit, respectively, to 'Provisions or reversal of provisions', net, in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If a specific provision is required for financial guarantees, the related unearned commissions recognised under 'Financial liabilities at amortised cost - Other financial liabilities in the consolidated balance sheet', are reclassified to the appropriate provision.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">v) Assets under management and investment and pension funds managed by the Group</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Assets owned by third parties and managed by the consolidated entities are not presented on the face of the consolidated balance sheet. Management fees are included in 'Fee and commission income' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The investment funds and pension funds managed by the consolidated entities are not presented on the face of the Group’s consolidated balance sheet since the related assets are owned by third parties. The fees and commissions earned in the year for the services rendered by the Group entities to these funds (asset management and custody services) are recognised under Fee and 'Commission income' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 2.b.iv describes the internal criteria and procedures used to determine whether control exists over the structured entities, which include, inter alia, investment funds and pension funds.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">w) Post-employment benefits</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Under the collective agreements currently in force and other arrangements, the Spanish banks included in the Group and certain other Spanish and foreign consolidated entities have undertaken to supplement the public social security system benefits accruing to certain employees, and to their beneficiary right holders, for retirement, permanent disability or death, and the post-employment welfare benefits.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's post-employment obligations to its employees are deemed to be defined contribution plans when the Group makes pre-determined contributions (recognised under Personnel expenses in the consolidated income statement) to a separate entity and will have no legal or effective obligation to make further contributions if the separate entity cannot pay the employee benefits relating to the service rendered in the current and prior periods. Post-employment obligations that do not meet the aforementioned conditions are classified as defined benefit plans (see note 25).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Defined contribution plans</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The contributions made in this connection in each year are recognised under 'Personnel expenses' in the consolidated income statement. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amounts not yet contributed at each year-end are recognised, at their present value, under 'Provisions - Provision for pensions' and similar obligations on the liability side of the consolidated balance sheet.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Defined benefit plans</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander recognises under 'Provisions - Provision for pensions and similar obligations on the liability side of the consolidated balance sheet' (or under 'Other assets' on the asset side, as appropriate) the present value of its defined benefit post-employment obligations, net of the fair value of the plan assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Plan assets are defined as those that will be directly used to settle obligations and that meet the following conditions:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">They are not owned by the consolidated entities, but by a legally separate third party that is not a party related to the Group.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">They are only available to pay or fund post-employment benefits and they cannot be returned to the consolidated entities unless the assets remaining in the plan are sufficient to meet all the benefit obligations of the plan and of the entity to current and former employees, or they are returned to reimburse employee benefits already paid by Grupo Santander.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If Grupo Santander can look to an insurer to pay part or all of the expenditure required to settle a defined benefit obligation, and it is practically certain that said insurer will reimburse some or all of the expenditure required to settle that obligation, but the insurance policy does not qualify as a plan asset, the Group recognises its right to reimbursement -which, in all other respects, is treated as a plan asset- under 'Insurance contracts linked to pensions' on the asset side of the consolidated balance sheet.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander will recognise the following items in the income statement:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Current service cost, (the increase in the present value of the obligations resulting from employee service in the current period), is recognised under 'Staff costs'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The past service cost, which arises from changes to existing post-employment benefits or from the introduction of new benefits and includes the cost of reductions, is recognised under 'Provisions or reversal of provisions'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Any gain or loss arising from a liquidation of the plan is included in the Provisions or reversion of provisions.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Net interest on the net defined benefit liability (asset), i.e. the change during the period in the net defined benefit liability (asset) that arises from the passage of time, is recognised under 'Interest expense' and similar charges ('Interest and similar income' if it constitutes income) in the consolidated income statement.</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The remeasurement of the net defined benefit liability (asset) is recognised in 'Other comprehensive income' under Items not reclassified to profit or loss and includes:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Actuarial gains and losses generated in the year, arising from the differences between the previous actuarial assumptions and what has actually occurred and from the effects of changes in actuarial assumptions.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset).</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">x) Other long-term employee benefits</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other long-term employee benefits, defined as obligations to pre-retirees -taken to be those who have ceased to render services at the entity but who, without being legally retired, continue to have economic rights vis-à-vis the entity until they acquire the legal status of retiree-, long-service bonuses, obligations for death of spouse or disability before retirement that depend on the employee’s length of service at the entity and other similar items, are treated for accounting purposes, where applicable, as established above for defined benefit post-employment plans, except that actuarial gains and losses are recognised under 'Provisions or reversal of provisions', net, in the consolidated income statement (see note 25).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">y) Termination benefits</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Termination benefits are recognised when there is a detailed formal plan identifying the basic changes to be made, provided that implementation of the plan has begun, its main features have been publicly announced or objective facts concerning its implementation have been disclosed.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">z) Income tax</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The expense for Spanish income tax and other similar taxes applicable to the foreign consolidated entities is recognised in the consolidated income statement, except when they arise from a transaction whose results are recognised directly in equity, in which case the related tax effect is recognised in equity.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The current income tax expense is calculated as the sum of the current tax resulting from application of the appropriate tax rate to the taxable profit for the year (net of any deductions allowable for tax purposes), and of the changes in deferred tax assets and liabilities recognised in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Deferred tax assets' and liabilities include temporary differences, which are identified as the amounts expected to be payable or recoverable on differences between the carrying amounts of assets and liabilities and their related tax bases, and tax loss and tax credit carryforwards. These amounts are measured at the tax rates that are expected to apply in the period when the asset is realised or the liability is settled.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Tax assets' include the amount of all tax assets, which are broken down into current -amounts of tax to be recovered within the next twelve months- and deferred -amounts of tax to be recovered in future years, including those arising from tax loss or tax credit carryforwards.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Tax liabilities' includes the amount of all tax liabilities (except provisions for taxes), which are broken down into current -the amount payable in respect of the income tax on the taxable profit for the year and other taxes in the next twelve months- and deferred -the amount of income tax payable in future years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Deferred tax liabilities are recognised in respect of taxable temporary differences associated with investments in subsidiaries, associates or joint ventures, except when the Group is able to control the timing of the reversal of the temporary difference and, in addition, it is probable that the temporary difference will not reverse in the foreseeable future. In this regard, no deferred tax liabilities of EUR 374.6 million were recognised in relation to the taxation that would arise from the undistributed earnings of certain Group holding companies, in accordance with the legislation applicable in those jurisdictions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Deferred tax assets are only recognised for temporary differences to the extent that it is considered probable that the consolidated entities will have sufficient future taxable profits against which the deferred tax assets can be utilised, and the deferred tax assets do not arise from the initial recognition (except in a business combination) of other assets and liabilities in a transaction that affects neither taxable profit nor accounting profit. Other deferred tax assets (tax loss and tax credit carryforwards) are only recognised if it is considered probable that the consolidated entities will have sufficient future taxable profits against which they can be utilised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Differences generated by the different accounting and tax treatment of any of the income and expenses recorded directly in equity to be paid or recovered in the future are accounted for as temporary differences.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deferred tax assets and liabilities are reassessed at the reporting date in order to ascertain whether any adjustments need to be made on the basis of the findings of the analyses performed.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">aa) Residual maturity periods</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In note 50, it is provided an analysis of the maturities of the balances of certain items in the consolidated balance sheet.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">ab) Consolidated statement of recognised income and expense</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This statement presents the income and expenses generated by the Group as a result of its business activity in the year, and a distinction is made between the income and expenses recognised in the consolidated income statement for the year and the other income and expenses recognised directly in consolidated equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Accordingly, this statement presents:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a. Consolidated profit for the year.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b. The net amount of the income and expenses recognised in 'Other comprehensive income' under items that will not be reclassified to profit or loss.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c. The net amount of the income and expenses recognised in Other comprehensive income under items that may be reclassified subsequently to profit or loss.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d. The income tax incurred in respect of the items indicated in b and c above, except for the valuation adjustments arising from investments in associates or joint ventures accounted for using the equity method, which are presented net.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">e. Total consolidated recognised income and expense, calculated as the sum of a) to d) above, presenting separately the amount attributable to the parent company and the amount relating to non-controlling interests.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The statement presents the items separately by nature, grouping together items that, in accordance with the applicable accounting standards, will not be reclassified subsequently to profit and loss since the requirements established by the corresponding accounting standards are met.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">ac) Statement of changes in total equity</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This statement presents all the changes in equity, including those arising from changes in accounting policies and from the correction of errors. Accordingly, this statement presents a reconciliation of the carrying amount at the beginning and end of the year of all the consolidated equity items, and the changes are grouped together on the basis of their nature into the following items:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a. Adjustments due to changes in accounting policies and to errors: include the changes in consolidated equity arising as a result of the retrospective restatement of the balances in the consolidated financial statements, distinguishing between those resulting from changes in accounting policies and those relating to the correction of errors.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b. Income and expense recognised in the year: includes, in aggregate form, the total of the aforementioned items recognised in the consolidated statement of recognised 'Income and expense'.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c. Other changes in equity: includes the remaining items recognised in equity, including, inter alia, increases and decreases in capital, distribution of profit, transactions involving own equity instruments, equity-instrument-based payments, transfers between equity items and any other increases or decreases in consolidated equity.</span></div></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">ad) Consolidated statement of cash flows</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following terms are used in the consolidated statements of cash flows with the meanings specified:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Cash flows: inflows and outflows of cash and cash equivalents, which are short-term, highly liquid investments that are subject to an insignificant risk of changes in value, irrespective of the portfolio in which they are classified.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander classifies as cash and cash equivalents the balances recognised under 'Cash, cash balances at central banks' and 'Other deposits on demand' in the consolidated balance sheet.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Operating activities: the principal revenue-producing activities of credit institutions and other activities that are not investing or financing activities.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Investing activities: the acquisition and disposal of long-term assets and other investments not included in cash and cash equivalents.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financing activities: activities that result in changes in the size and composition of the equity and liabilities that are not operating activities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2022 Grupo Santander received interest amounting to EUR 69,282 million (EUR 48,081 and EUR 43,953 in 2021 and 2020, respectively) and paid interest amounting to EUR 23,390 million (EUR 12,738 and EUR 13,690 in 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, dividends received and paid by the Group are detailed in notes 4, 28 and 40, including dividends paid to minority interests (non-controlling interests).</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Foreign Currency Translation Explanatory DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory	Foreign currency transactions<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:115%">i. Presentation currency</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander’s functional and presentation currency is the euro. Also, the presentation currency of the Group is the euro.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Translation of foreign currency balances</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Foreign currency balances are translated to euros in two consecutive stages:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Translation of foreign currency to the functional currency (currency of the main economic environment in which the entity operates).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Translation to euros of the balances held in the functional currencies of entities whose functional currency is not the euro.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Translation of foreign currency to the functional currency</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Foreign currency transactions performed by consolidated entities (or entities accounted for using the equity method) not located in European Monetary Union (“EMU”) countries are initially recognised in their respective currencies. Monetary items in foreign currency are subsequently translated to their functional currencies using the closing rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Furthermore:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non-monetary items measured at historical cost are translated to the functional currency at the exchange rate at the date of acquisition.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non-monetary items measured at fair value are translated at the exchange rate at the date when the fair value was determined.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Income and expenses are translated at the average exchange rates for the year for all the transactions performed during the year. When applying this criterion, the Group considers whether there have been significant changes in the exchange rates in the year which, in view of their materiality with respect to the consolidated financial statements taken as a whole, would make it necessary to use the exchange rates at the transaction date rather than the aforementioned average exchange rates.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The balances arising from non-hedging forward foreign currency/foreign currency and foreign currency/euro purchase and sale transactions are translated at the closing rates prevailing in the forward foreign currency market for the related maturity.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Translation of functional currencies to euros</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balances in the financial statements of consolidated entities (or entities accounted for using the equity method) whose functional currency is not the euro are translated to euros as follows:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.46pt">Assets and liabilities, at the closing rates.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.46pt">Income and expenses, at the average exchange rates for the year.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.46pt">Equity items, at the historical exchange rates.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Recognition of exchange differences</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The exchange differences arising on the translation of foreign currency balances to the functional currency are generally recognised at their net amount under 'Exchange differences, net' in the consolidated income statement, except for exchange differences arising on financial instruments at fair value through profit or loss, which are recognised in the consolidated income statement without distinguishing them from other changes in fair value, and for exchange differences arising on non-monetary items measured at fair value through equity, which are recognised under 'Other comprehensive income–Items that may be reclassified to profit or loss–Exchange differences' except for exchange differences on equity instruments, where the option to irrevocably elect to be measured at fair value through changes in accumulated other comprehensive income, which are recognised in accumulated 'Other Comprehensive Income - Items not to be reclassified to profit or loss - Changes in fair value of equity instruments measured at fair value' through other comprehensive income (see note 29).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The exchange differences arising on the translation to euros of the financial statements denominated in functional currencies other than the euro are recognised in 'Other comprehensive income–Items that may be reclassified to profit or loss–Exchange differences' in the consolidated balance sheet, whereas those arising on the translation to euros of the financial statements of entities accounted for using the equity method are recognised in equity under 'Other comprehensive income–Items that may be reclassified to profit or loss and Items not reclassified to profit or loss–Other recognised income and expense' of investments in subsidiaries, joint ventures and associates (see note 29), until the related item is derecognised, at which time they are recognised in profit or loss.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exchange differences arising on actuarial gains or losses when converting to euros the financial statements denominated in the functional currencies of entities whose functional currency is different from the euro are recognised under equity 'Other comprehensive income–Items not reclassified to profit or loss–Actuarial gains or (-) losses' on defined benefit pension plans (see note 29).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Entities located in hyperinflationary economies</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When a subsidiary operates in a country with hyperinflationary economy, IAS 29 Financial Information in Hyperinflationary Economies is applied, which means that:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Historical cost of non-monetary assets and liabilities and of the various items of equity have to be adjusted to reflect the changes in the purchasing power of the currency due to inflation from their date of acquisition or incorporation into the consolidated balance sheet.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The different items of the income statement are adjusted by the inflationary index since their generation, with a balancing entry in 'Other comprehensive income'.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The loss on the net monetary position is recorded in the income for the year against 'Accumulated Other comprehensive income'.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">All components of the financial statements of the subsidiary are translated at the closing exchange rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deterioration of the economic situation in Argentina over the last years caused, among other impacts, a significant increase in inflation, which by the end of 2018 had reached 48% per year (147% accumulated in three years). This led the Group to conclude that it was necessary to apply IAS 29 Financial Information in Hyperinflationary Economies to its activities in the country in question in its consolidated financial statements from that year on.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At that moment, according with Group’s accounting policies, exchange differences arising on the translation to the Group´s presentation currency of financial statements denominated in functional currencies other than euro for subsidiaries located in countries with high inflation rates were recorded in the consolidated statement of changes in total 'Equity-Other reserves'.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">However, on the basis of the meeting held on 3 March 2020 by the International Financial Reporting Standards Committee (IFRIC), in 2020 Grupo Santander changed its accounting policy with regard to the presentation of exchange differences and the effects of hyperinflation in the operations generated in Argentina. This change in accounting policy and its consequent restatement between different equity items has no impact on the total equity of Grupo Santander.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the provisions of the Argentine Federation of Professional Councils in Economic Sciences (Fcpce), which is the organization that issues the professional accounting standards in said country, the inflation indexes applied are the wholesale internal price index (WPI) until 30 November 2016 and the National Consumer Price Index published by the National Institute of Statistics and Censuses (Indec) from 1 December 2016 on. Inflation during 2022 wa</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">s 94.8% for the year </span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">(50.9% at 31 December 2021). The exchange rate at 31 December 2021 has been of </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">189.12 </span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Argentine peso</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">s pe</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">r euro (116.30 Argentine pesos per euro at 31 December 2021).</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, no other country in which the consolidated and associated entities of Grupo Santander are located is considered to have a hyperinflati</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">onary economy in accordance with the criteria establ</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ished in this regard by the International Financial Reporting Standards adopted by the European Union. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Exposure to foreign currency risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander hedges a portion of its long-term foreign currency positions using foreign exchange derivative financial instruments (see note 36). Also, the Group manages foreign exchange risk dynamically by hedging its short-term position (with a potential impact on profit or loss) in order to limit the impact of currency depreciations while optimising the cost of financing the hedges.</span></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following tables show the sensitivity of the consolidated income statement and consolidated equity to percentage changes of ± 1% in the foreign exchange rate positions arising from investments in Grupo Santander companies with currencies other than the euro (with its hedges) and in their results (with its hedges), in which the Group maintains significant balances.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimated effect on the consolidated equity attributable to Grupo Santander and on consolidated profit and loss account of a 1% appreciation of the euro against the corresponding currency is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.250%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated equity</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated profit</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(146.0)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(133.3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(123.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.4)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14.8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.0)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(94.7)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(105.9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(107.9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.5)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27.7)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23.1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21.7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.0)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.0)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(100.1)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(80.8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(75.0)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5.9)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15.4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12.6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish zloty</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19.8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27.5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26.7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.3)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17.1)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10.7)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7.9)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.1)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.5)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.8)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Similarly, the estimated effect on the Group’s consolidated equity and on consolidated profit and loss account of a 1% depreciation of the euro against the corresponding currency is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.250%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated equity</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Effect on <br/>consolidated profit</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148.9 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136.0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">126.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.8 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96.7 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">110.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28.2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102.1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">zloty</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.4 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17.4 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.6 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The above data were obtained as follows:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a) Effect on consolidated equity: in accordance with the accounting policy detailed in note 2.a.iii, foreign exchange rate impact arising on the translation to euros of the financial statements in the functional currencies of the Group entities whose functional currency is not the euro are recognised in consolidated equity. The potential effect that a change in the exchange rates of the related currency would have on the Group’s consolidated equity was therefore determined by applying the aforementioned change to the net value of each unit’s assets and liabilities -including, where appropriate, the related goodwill- and by taking into consideration the offsetting effect of the hedges of net investments in foreign operations.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b) Effect on consolidated profit: the effect was determined by applying the up and down movements in the average exchange rates of the year, as indicated in note 2.a.ii (except in the case of Argentina, which is a hyperinflationary economy and has applied the closing exchange rate), to translate to euros the income and expenses of the consolidated entities whose functional currency is not the euro, taking into consideration, where appropriate, the offsetting effect of the various hedging transactions in place.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimates used to obtain the foregoing data were performed considering the effects of the changes in the exchange rate in standalone basis not considering the effect of the performance of other variables whose changes would affect equity and profit or loss, such as variations in the interest rates of the reference currencies or other market factors. Accordingly, all variables other than the exchange rate variations were kept constant with respect to their positions at 31 December 2022, 2021 and 2020.</span></div>
CY2022	san	Foreign Currency Translations Number Of Stages ForeignCurrencyTranslationsNumberOfStages	2	stage
CY2018	san	Inflation Rate InflationRate	0.48
	san	Inflation Rate InflationRate	1.47
CY2022	san	Inflation Rate InflationRate	0.948
CY2021	san	Inflation Rate InflationRate	0.509
CY2022Q4	ifrs-full	Closing Foreign Exchange Rate ClosingForeignExchangeRate	189.12
CY2021Q4	ifrs-full	Closing Foreign Exchange Rate ClosingForeignExchangeRate	116.30
CY2022Q4	san	Percentage Of Reasonably Possible Appreciation Of Entitys Functional Currency PercentageOfReasonablyPossibleAppreciationOfEntitysFunctionalCurrency	0.01
CY2022Q4	san	Percentage Of Reasonably Possible Depreciation Of Entitys Functional Currency PercentageOfReasonablyPossibleDepreciationOfEntitysFunctionalCurrency	0.01
CY2022	ifrs-full	Description Of Accounting Policy For Financial Instruments Explanatory DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory	Definitions and classification of financial instruments<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Definitions</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">An equity instrument is a contract that evidences a residual interest in the assets of the issuing entity after deducting all of its liabilities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A financial derivative is a financial instrument whose value changes in response to the change in an observable market variable (such as an interest rate, foreign exchange rate, financial instrument price, market index or credit rating), whose initial investment is very small compared with other financial instruments with a similar response to changes in market factors, and which is generally settled at a future date.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Hybrid financial instruments are contracts that simultaneously include a non-derivative host contract together with a derivative, known as an embedded derivative, that is not separately transferable and has the effect that some of the cash flows of the hybrid contract vary in a way similar to a stand-alone derivative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Compound financial instruments are contracts that simultaneously create for their issuer a financial liability and an own equity instrument (such as convertible bonds, which entitle their holders to convert them into equity instruments of the issuer).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The preference shares contingently convertible into ordinary shares eligible as Additional Tier 1 capital (CCPSs) -perpetual shares, which may be repurchased by the issuer in certain circumstances, the interest on which is discretionary, and would convert into variable number of newly issued ordinary shares if the capital ratio of the Bank or its consolidated group falls below a given percentage (trigger event), as those two terms are defined in the related issue prospectuses are recognised for accounting purposes by the Group as compound instruments. The liability component reflects the issuer’s obligation to deliver a variable number of shares and the equity component reflects the issuer’s discretion in relation to the payment of the related coupons. In order to effect the initial allocation, the Group estimates the fair value of the liability as the amount that would have to be delivered if the trigger event were to occur immediately and, accordingly, the equity component, calculated as the residual amount, is zero. In view of the aforementioned discretionary nature of the payment of the coupons, they are deducted directly from equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Capital perpetual preference shares (CPPS), with the possibility of purchase by the issuer in certain circumstances, whose remuneration is discretionary, and which will be amortised permanently, totally or partially, in the event that the bank or its consolidated group submits a capital ratio lesser than a certain percentage (trigger event), as defined in the corresponding prospectuses, are accounted for by the Group as equity instruments.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following transactions are not treated for accounting purposes as financial instruments:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Investments in associates and joint ventures (see note 13).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Rights and obligations under employee benefit plans (see note 25).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Rights and obligations under insurance contracts (see note 15).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Contracts and obligations relating to employee remuneration based on own equity instruments (see note 34).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Classification of financial assets for measurement purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial assets are initially classified into the various categories used for management and measurement purposes, unless they have to be presented as 'Non-current assets held for sale' or they relate to 'Cash, cash balances at central banks and other deposits on demand', 'Changes in the fair value of hedged items in portfolio hedges of interest rate risk (asset side)', 'Hedging derivatives and Investments', which are reported separately.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Classification of financial instruments: the classification criteria for financial assets depends on the business model for their management and the characteristics of their contractual flows.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander business models refer to the way in which it manages its financial assets to generate cash flows. In defining these models, the Group takes into account the following factors:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">How key management staff are assessed and reported on the performance of the business model and the financial assets held in the business model.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The risks that affect the performance of the business model (and the financial assets held in the business model) and, specifically, the way in which these risks are managed.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">How business managers are remunerated.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The frequency and volume of sales in previous years, as well as expectations of future sales.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The analysis of the characteristics of the contractual flows of financial assets requires an assessment of the congruence of these flows with a basic loan agreement. The Group determines if the contractual cash flows of its financial assets that are only principal and interest payments on the outstanding principal amount at the beginning of the transaction. This analysis takes into consideration four factors (performance, clauses, contractually linked products and currencies). Furthermore, among the most significant judgements used by the Group in carrying out this analysis, the following ones are included:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The return on the financial asset, in particular in cases of periodic interest rate adjustments where the term of the reference rate does not coincide with the frequency of the adjustment. In these cases, an assessment is made to determine whether or not the contractual cash flows differ significantly from the flows without this change in the time value of money, establishing a tolerance level of 5%.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The contractual clauses that may modify the cash flows of the financial asset, for which the structure of the cash flows before and after the activation of such clauses is analysed.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial assets whose cash flows have different priority for payment due to a contractual link to underlying assets (e.g. securitisations) require a look-through analysis by the Group so as to review that both the financial asset and the underlying assets are only principal and interest payments and that the exposure to credit risk of the set of underlying assets belonging to the tranche analysed is less than or equal to the exposure to credit risk of the set of underlying assets of the instrument.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Depending on these factors, the asset can be measured at amortised cost, at fair value with changes in other comprehensive income, or at fair value with changes through profit and loss. IFRS 9 also establishes an option to designate an instrument at fair value with changes in profit or loss, when doing so eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as 'accounting asymmetry') that would otherwise arise from measuring assets or liabilities or recognising gains and losses on different bases.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> Grupo Santander uses the following criteria for the classification of financial debt instruments:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amortised cost: financial instruments under a business model whose objective is to collect principal and interest flows, over which there is no significant unjustified sales and fair value is not a key element in the management of these assets and contractual conditions they give rise to cash flows on specific dates, which are only payments of principal and interest on the outstanding principal amount. In this sense, unjustified sales are considered to be those other than those related to an increase in the credit risk of the asset, unanticipated funding needs (stress case scenarios). Additionally, the characteristics of its contractual flows represent substantially a 'basic financing agreement'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Fair value with changes in other comprehensive income: financial instruments held in a business model whose objective is to collect principal and interest cash flows and the sale of these assets, where fair value is a key factor in their management. Additionally, the contractual cash flow characteristics substantially represent a 'basic financing agreement'.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Fair value with changes in profit or loss: financial instruments included in a business model whose objective is not obtained through the above mentioned models, where fair value is a key factor in managing of these assets, and financial instruments whose contractual cash flow characteristics do not substantially represent a 'basic financing agreement'. In this section it can be enclosed the portfolios classified under 'Financial assets held for trading', 'Non-trading financial assets mandatorily at fair value through profit or loss' and 'Financial assets at fair value through profit or loss'. In this regard, most of the financial assets presented in the category of 'Financial assets designated at value reasonable with change in results' are instruments financial services that, not being part of the portfolio of negotiation, are contracted jointly with other financial instruments that are recorded in the category of 'held for trading', and that by both are recorded at fair value with changes in results, so your record in any other category would produce accounting asymmetries.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Equity instruments will be classified at fair value under IFRS 9, with changes in profit or loss, unless the Group decides, for non-trading assets, to classify them at fair value with changes in other comprehensive income (irrevocably) at initial recognition.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Classification of financial assets for presentation purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial assets are classified by nature into the following items in the consolidated balance sheet:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Cash, cash balances at Central Banks and other deposits on demand: cash balances and balances receivable on demand relating to deposits with central banks and credit institutions.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Loans and advances: includes the debit balances of all credit and loans granted by the Group, other than those represented by securities, as well as finance lease receivables and other debit balances of a financial nature in favour of the Group such as cheques drawn on credit institutions, balances receivable from clearing houses and settlement agencies for transactions on the stock exchange and organised markets, bonds given in cash, capital calls, fees and commissions receivable for financial guarantees and debit balances arising from transactions not originating in banking transactions and services, such as the collection of rentals and similar items. They are classified, on the basis of the institutional sector to which the debtor belongs, into:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Central banks: credit of any nature, including deposits and money market transactions received from the Bank of Spain or other central banks.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Credit institutions: credit of any nature, including deposits and money market transactions, in the name of credit institutions.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Customers: includes the remaining credit, including money market transactions through central counterparties.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Debt securities: bonds and other securities that represent a debt for their issuer, that generate an interest return, and that are in the form of certificates or book entries.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Equity instruments: financial instruments issued by other entities, such as shares, which have the nature of equity instruments for the issuer, other than investments in subsidiaries, joint ventures or associates. Investment fund units are included in this item.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Derivatives: includes the fair value in favour of the Group of derivatives which do not form part of hedge accounting, including embedded derivatives separated from hybrid financial instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Changes in the fair value of hedged items in portfolio hedges of interest rate risk: this item is the balancing entry for the amounts credited to the consolidated income statement in respect of the measurement of the portfolios of financial instruments which are effectively hedged against interest rate risk through fair value hedging derivatives. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Hedging derivatives: Includes the fair value in favour of the Group of derivatives, including embedded derivatives separated from hybrid financial instruments, designated as hedging instruments in hedge accounting.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Classification of financial liabilities for measurement purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial liabilities are initially classified into the various categories used for management and measurement purposes, unless they have to be presented as 'Liabilities associated with non-current assets held for sale' or they relate to 'Hedging derivatives' or changes in the fair value of hedged items in portfolio hedges of interest rate risk (liability side), which are reported separately.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In most cases, changes in the fair value of financial liabilities designated at fair value through profit or loss, caused by the entity's credit risk, are recognized in other comprehensive income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial liabilities are included for measurement purposes in one of the following categories:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial liabilities held for trading (at fair value through profit or loss): this category includes financial liabilities incurred for the purpose of generating a profit in the near term from fluctuations in their prices, financial derivatives not designated as hedging instruments, and financial liabilities arising from the outright sale of financial assets acquired under reverse repurchase agreements (“reverse repos”) or borrowed (short positions).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial liabilities designated at fair value through profit or loss: financial liabilities are included in this category when they provide more relevant information, either because this eliminates or significantly reduces recognition or measurement inconsistencies (accounting mismatches) that would otherwise arise from measuring assets or liabilities or recognising the gains or losses on them on different bases, or because a group of financial liabilities or financial assets and liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided on that basis to the Group’s key management personnel. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Liabilities may only be included in this category on the date when they are incurred or originated.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financial liabilities at amortised cost: financial liabilities, irrespective of their instrumentation and maturity, not included in any of the above-mentioned categories which arise from the ordinary borrowing activities carried on by financial institutions.</span></div></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Classification of financial liabilities for presentation purposes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial liabilities are classified by nature into the following items in the consolidated balance sheet:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Deposits: includes all repayable balances received in cash by Grupo Santander, other than those instrumented as marketable securities and those having the substance of subordinated liabilities (amount of the loans received, which for credit priority purposes are after common creditors), except for the debt instruments. This item also includes cash bonds and cash consignments received the amount of which may be invested without restriction. Deposits are classified on the basis of the creditor’s institutional sector into:</span></div><div style="margin-bottom:9pt;padding-left:14.17pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Central banks: deposits of any nature, including credit received and money market transactions received from the Bank of Spain or other central banks.</span></div><div style="margin-bottom:9pt;padding-left:14.17pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Credit institutions: deposits of any nature, including credit received and money market transactions in the name of credit institutions.</span></div><div style="margin-bottom:9pt;padding-left:14.17pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Customer: includes the remaining deposits, including money market transactions through central counterparties.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During the 2019 financial year, the European Central Bank announced a new program of longer-term financing operations with a specific objective (TLTRO III), which included special conditions, including a reduction in the interest rate applicable between June 2020 and June 2022 subject to compliance with a certain volume of eligible loans.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander chose to accrue interest in accordance with the specific periods of adjustment to market rates, so that the interest corresponding to said period (-1%) has been recorded in the income statement from June 2020 to June 2022, having met the computable loan threshold that gave rise to the extra rate on that date.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Subsequently, and as a result of the modifications introduced by the European Central Bank in the conditions of the program, which include changes in its interest rates, the Group has updated the effective interest rate at which interest accrues on said financial liability, maintaining the criterion adopted in previous years, and considering said modifications a change in the variable interest rate (which affects the EIR) and is applied prospectively.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Marketable debt securities: includes the amount of bonds and other debt represented by marketable securities, other than those having the substance of subordinated liabilities (amount of the loans received, which for credit priority purposes are after common creditors, and includes the amount of the financial instruments issued by the Group which, having the legal nature of capital, do not meet the requirements to qualify as equity, such as certain preferred shares issued). This item includes the component that has the consideration of financial liability of the securities issued that are compound financial instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Derivatives: includes the fair value, with a negative balance for the Group, of derivatives, including embedded derivatives separated from the host contract, which do not form part of hedge accounting.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Short positions: includes the amount of financial liabilities arising from the outright sale of financial assets acquired under reverse repurchase agreements or borrowed.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Other financial liabilities: includes the amount of payment obligations having the nature of financial liabilities not included in other items (includes, among others, the balance of lease liabilities), and liabilities under financial guarantee contracts, unless they have been classified as non-performing.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Changes in the fair value of hedged items in portfolio hedges of interest rate risk: this item is the balancing entry for the amounts charged to the consolidated income statement in respect of the measurement of the portfolios of financial instruments which are effectively hedged against interest rate risk through fair value hedging derivatives.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Hedging derivatives: includes the fair value of the Group’s liability in respect of derivatives, including embedded derivatives separated from hybrid financial instruments, designated as hedging instruments in hedge accounting.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Fair Value Measurement Explanatory DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory	Measurement of financial assets and liabilities and recognition of fair value changes<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, financial assets and liabilities are initially recognised at fair value which, in the absence of evidence to the contrary, is deemed to be the transaction price. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In this regard, IFRS 9 states that regular way purchases or sales of financial assets shall be recognised and derecognised on the trade date or on the settlement date. Grupo Santander has opted to make such recognition on the trading date or settlement date, depending on the convention of each of the markets in which the transactions are carried out. For example, in relation to the purchase or sale of debt securities or equity instruments traded in the Spanish market, securities market regulations stipulate their effective transfer at the time of settlement and, therefore, the same time has been established for the accounting record to be made.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of instruments not measured at fair value through profit and loss is adjusted by transaction costs. Subsequently, and on the occasion of each accounting close, they are valued in accordance with the following criteria:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Measurement of financial assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial assets are measured at fair value are valued mainly at their fair value without deducting any transaction cost for their sale.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of a financial instrument on a given date is taken to be the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The most objective and common reference for the fair value of a financial instrument is the price that would be paid for it on an active, transparent and deep market (quoted price or market price). At 31 December 2022, there were no significant investments in quoted financial instruments that had ceased to be recognised at their quoted price because their market could not be deemed to be active.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If there is no market price for a given financial instrument, its fair value is estimated on the basis of the price established in recent transactions involving similar instruments and, in the absence thereof, of valuation techniques commonly used by the international financial community, taking into account the specific features of the instrument to be measured and, particularly, the various types of risk associated with it.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">All derivatives are recognised in the balance sheet at fair value from the trade date. If the fair value is positive, they are recognised as an asset and if the fair value is negative, they are recognised as a liability. The fair value on the trade date is deemed, in the absence of evidence to the contrary, to be the transaction price. The changes in the fair value of derivatives from the trade date are recorded in the consolidated income statement. Specifically, the fair value of financial derivatives traded in organised markets included in the portfolios of financial assets or liabilities held for trading is deemed to be their daily quoted price and if, for exceptional reasons, the quoted price cannot be determined on a given date, these financial derivatives are measured using methods similar to those used to measure derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of derivatives is taken to be the sum of the future cash flows arising from the instrument, discounted to present value at the date of measurement (present value or theoretical close) using valuation techniques commonly used by the financial markets: net present value, option pricing models and other methods.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount of debt securities and loans and advances under a business model whose objective is to collect the principal and interest flows are valued at their amortised cost, as long as they comply with the 'SPPI' (Solely Payments of Principal and Interest) test, using the effective interest rate method in their determination. Amortised cost refers to the acquisition cost of a corrected financial asset or liability (more or less, as the case may be) for repayments of principal and the part systematically charged to the consolidated income statement of the difference between the initial cost and the corresponding reimbursement value at expiration. In the case of financial assets, the amortised cost includes, in addition, the corrections to their value due to the impairment. In the loans and advances covered in fair value hedging transactions, the changes that occur in their fair value related to the risk or the risks covered in these hedging transactions are recorded.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The effective interest rate is the discount rate that exactly matches the carrying amount of a financial instrument to all its estimated cash flows of all kinds over its remaining life. For fixed rate financial instruments, the effective interest rate coincides with the contractual interest rate established on the acquisition date plus, where applicable, the fees and transaction costs that, because of their nature, form part of their financial return. In the case of floating rate financial instruments, the effective interest rate coincides with the rate of return prevailing in all connections until the next benchmark interest reset date.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Equity instruments and contracts related with these instruments are measured at fair value. However, in certain circumstances the Group estimates cost value as a suitable estimate of the fair value. This can happen if the recent event available information is not enough to measure the fair value or if there is a broad range of possible measures and the cost value represents the best estimates of fair value within this range.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amounts at which the financial assets are recognised represent, in all material respects, the Group’s maximum exposure to credit risk at each reporting date. Also, Grupo Santander has received collateral and other credit enhancements to mitigate its exposure to credit risk, which consist mainly of mortgage guarantees, cash collateral, equity instruments and personal security, assets leased out under finance lease and full-service lease agreements, assets acquired under repurchase agreements, securities loans and credit derivatives.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Measurement of financial liabilities</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, financial liabilities are measured at amortised cost, as defined above, except for those included under 'Financial liabilities held for trading' and 'Financial liabilities designated at fair value through profit or loss' and financial liabilities designated as hedged items (or hedging instruments) in fair value hedges, which are measured at fair value. The changes in credit risk arising from financial liabilities designated at fair value through profit or loss are recognised in accumulated other comprehensive income, unless they generate or increase an accounting mismatch, in which case changes in the fair value of the financial liability in all respects are recognised in the income statement.</span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Valuation techniques</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table summarises the fair values, at the end of each of the years indicated, of the financial assets and liabilities listed below, classified according to the different valuation methodologies used by the Group to determine their fair value:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:28.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.163%"/><td style="width:0.1%"/></tr><tr><td colspan="30" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Published<br/>price<br/>quotations<br/>in active<br/>markets<br/>(level 1)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Internal<br/>Models<br/>(level 2<br/>and 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Published<br/>price<br/>quotations<br/>in active<br/>markets<br/>(level 1)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Internal<br/>Models<br/>(level 2<br/>and 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Published<br/>price<br/>quotations<br/>in active<br/>markets<br/>(level 1)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Internal<br/>Models<br/>(level 2<br/>and 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,014 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111,104 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,118 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,678 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,275 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116,953 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,379 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68,566 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">114,945 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,800 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,913 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,713 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,398 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,536 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,756 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,730 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,486 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,976 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,013 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,989 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,844 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,509 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,208 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,717 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,216 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,023 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,239 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,289 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,038 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">91,771 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,182 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120,953 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives (assets)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,761 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,761 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,325 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,325 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,237 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,948 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,185 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,379 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69,090 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,469 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,863 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,304 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81,167 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">212 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,735 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,947 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,620 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,733 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,118 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,920 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,038 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives (liabilities)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Liabilities under insurance or reinsurance contracts</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">747 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">747 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">770 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">770 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">910 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">910 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The financial instruments at fair value determined on the basis of published price quotations in active markets (level 1) include government debt securities, private-sector debt securities, derivatives traded in organised markets, securitised assets, shares, short positions and fixed-income securities issued.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In cases where price quotations cannot be observed, management makes its best estimate of the price that the market would set, using its own internal models. In most cases, these internal models use data based on observable market parameters as significant inputs (level 2) and, in cases, they use significant inputs not observable in market data (level 3). In order to make these estimates, various techniques are employed, including the extrapolation of observable market data. The best evidence of the fair value of a financial instrument on initial recognition is the transaction price, unless the fair value of the instrument can be obtained from other market transactions performed with the same or similar instruments or can be measured by using a valuation technique in which the variables used include only observable market data, mainly interest rates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has developed a formal process for the systematic valuation and management of financial instruments, which has been implemented worldwide across all the Group’s units. The governance scheme for this process distributes responsibilities between two independent divisions: Treasury (development, marketing and daily management of financial products and market data) and Risk (on a periodic basis, validation of pricing models and market data, computation of risk metrics, new transaction approval policies, management of market risk and implementation of fair value adjustment policies).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The approval of new products follows a sequence of steps (request, development, validation, integration in corporate systems and quality assurance) before the product is brought into production. This process ensures that pricing systems have been properly reviewed and are stable before they are used.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following subsections set forth the most important products and families of derivatives, and the related valuation techniques and inputs, by asset class:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Fixed income and inflation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fixed income asset class includes basic instruments such as interest rate forwards, interest rate swaps and cross currency swaps, which are valued using the net present value of the estimated future cash flows discounted taking into account basis (swap and cross currency spreads) determined on the basis of the payment frequency and currency of each leg of the derivative. Vanilla options, including caps, floors and swaptions, are priced using the Black-Scholes model, which is one of the benchmark industry models. More exotic derivatives are priced using more complex models which are generally accepted as standard across institutions.</span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These pricing models are fed with observable market data such as deposit interest rates, futures rates, cross currency swap and constant maturity swap rates, and basis spreads, on the basis of which different yield curves, depending on the payment frequency, and discounting curves are calculated for each currency. In the case of options, implied volatilities are also used as model inputs. These volatilities are observable in the market for cap and floor options and swaptions, and interpolation and extrapolation of volatilities from the quoted ranges are carried out using generally accepted industry models. The pricing of more exotic derivatives may require the use of non-observable data or parameters, such as correlation (among interest rates and cross-asset), mean reversion rates and prepayment rates, which are usually defined from historical data or through calibration.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Inflation-related assets include zero-coupon or year-on-year inflation-linked bonds and swaps, valued with the present value method using forward estimation and discounting. Derivatives on inflation indices are priced using standard or more complex bespoke models, as appropriate. Valuation inputs of these models consider inflation-linked swap spreads observable in the market and estimations of inflation seasonality, on the basis of which a forward inflation curve is calculated. Also, implied volatilities taken from zero-coupon and year-on-year inflation options are also inputs for the pricing of more complex derivatives.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Equity and foreign exchange</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most important products in these asset classes are forward and futures contracts; they also include vanilla, listed and OTC (Over-The-Counter) derivatives on single underlying assets and baskets of assets. Vanilla options are priced using the standard Black-Scholes model and more exotic derivatives involving forward returns, average performance, or digital, barrier or callable features are priced using generally accepted industry models or bespoke models, as appropriate. For derivatives on illiquid stocks, hedging takes into account the liquidity constraints in models.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The inputs of equity models consider yield curves, spot prices, dividends, asset funding costs (repo margin spreads), implied volatilities, correlation among equity stocks and indices, and cross-asset correlation. Implied volatilities are obtained from market quotes of European and American-style vanilla call and put options. Various interpolation and extrapolation techniques are used to obtain continuous volatility for illiquid stocks. Dividends are usually estimated for the mid and long term. Correlations are implied, when possible, from market quotes of correlation-dependent products. In all other cases, proxies are used for correlations between benchmark underlyings or correlations are obtained from historical data.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The inputs of foreign exchange models include the yield curve for each currency, the spot foreign exchange rate, the implied volatilities and the correlation among assets of this class. Volatilities are obtained from European call and put options which are quoted in markets as of-the-money, risk reversal or butterfly options. Illiquid currency pairs are usually handled by using the data of the liquid pairs from which the illiquid currency can be derived. For more exotic products, unobservable model parameters may be estimated by fitting to reference prices provided by other non-quoted market sources.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Credit</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most common instrument in this asset class is the credit default swap (CDS), which is used to hedge credit exposure to third parties. In addition, models for first-to-default (FTD), n-to-default (NTD) and single-tranche collateralised debt obligation (CDO) products are also available. These products are valued with standard industry models, which estimate the probability of default of a single issuer (for CDS) or the joint probability of default of more than one issuer for FTD, NTD and CDO.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Valuation inputs are the yield curve, the CDS spread curve and the recovery rate. For indices and important individual issuers, the CDS spread curve is obtained in the market. For less liquid issuers, this spread curve is estimated using proxies or other credit-dependent instruments. Recovery rates are usually set to standard values. For listed single-tranche CDO, the correlation of joint default of several issuers is implied from the market. For FTD, NTD and bespoke CDO, the correlation is estimated from proxies or historical data when no other option is available.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Valuation adjustment for counterparty risk or default risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Credit valuation adjustment (CVA) is a valuation adjustment to over the counter (OTC) derivatives as a result of the risk associated with the credit exposure assumed to each counterparty.</span></div><div style="margin-bottom:8pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA is calculated taking into account potential exposure to each counterparty in each future period. The CVA for a specific counterparty is equal to the sum of the CVA for all the periods. The following inputs are used to calculate the CVA:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Expected exposure: including for each transaction the mark-to-market (MtM) value plus an add-on for the potential future exposure for each period. Mitigating factors such as collateral and netting agreements are taken into account, as well as a temporary impairment factor for derivatives with interim payments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Severity: percentage of final loss assumed in a counterparty credit event/default.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Probability of default: for cases where there is no market information (the CDS quoted spread curve, etc.), proxies based on companies holding exchange-listed CDS, in the same industry and with the same external rating as the counterparty, are used.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Discount factor curve.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Debit Valuation Adjustment (DVA) is a valuation adjustment similar to the CVA but, in this case, it arises as a result of the Group’s own risk assumed by its counterparties in OTC derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA at 31 December 2022 amounted to EUR 330 million (resulting in an increase of 39.2% compared to 31 December 2021) and DVA amounted to EUR 309 million (resulting in an increase of 90.7% compared to 31 December 2021). The increase is mainly due to movements in the credit markets, whose spread levels have increased substantially compared to those at the end of 2021.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA at 31 December 2021 amounted to EUR 237 million (decrease of 41.9% compared to 31 December 2020) and DVA amounted EUR 162 million (decrease of 30.4% compared to 31 December 2020). These impacts were mainly due to the continuous improvement in credit markets, the creation of particular credit curves for certain counterparties and the introduction of methodological improvements in the calculation of exposures.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The CVA at 31 December 2020 amounted to EUR 408 million (resulting in an increase of 49.8% compared to 31 December 2019) and DVA amounted to EUR 233 million (resulting in an increase of 36.0% compared to 31 December 2019). These impacts were due to the fact that credit spread levels were at levels above 25% compared to 2019 due to the covid-19 pandemic.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group amounts the funding fair value adjustment (FFVA) is calculated by applying future market funding spreads to the expected future funding exposure of any uncollateralised component of the OTC derivative portfolio. This includes the uncollateralised component of collateralised derivatives in addition to derivatives that are fully uncollateralised. The expected future funding exposure is calculated by a simulation methodology, where available. The FFVA impact is not material for the consolidated financial statements as of 31 December 2022, 2021 and 2020.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has not carried out significant reclassifications of financial instruments between levels other than those disclosed in level 3 movement table during 2022 continuing the trend observed in 2021 and 2020. The main variations over the last few years in the Level 3 volume have been due to purchases/sales of these instruments. There have been no significant variations in the market observability conditions, nor relevant changes in the criteria used for the classification of instruments within the fair value hierarchy.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Valuation adjustments due to model risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The valuation models described above do not involve a significant level of subjectivity, since they can be adjusted and recalibrated, where appropriate, through internal calculation of the fair value and subsequent comparison with the related actively traded price. However, valuation adjustments may be necessary when market quoted prices are not available for comparison purposes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The sources of risk are associated with uncertain model parameters, illiquid underlying issuers, and poor quality market data or missing risk factors (sometimes the best available option is to use limited models with controllable risk). In these situations, the Group calculates and applies valuation adjustments in accordance with common industry practice. The main sources of model risk are described below:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In the fixed income markets, the sources of model risk include bond index correlations, basis spread modelling, the risk of calibrating model parameters and the treatment of near-zero or negative interest rates. Other sources of risk arise from the estimation of market data, such as volatilities or yield curves, whether used for estimation or cash flow discounting purposes.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In the stock markets, the sources of model risk include forward skew modelling, the impact of stochastic interest rates, correlation and multi-curve modelling. Other sources of risk arise from managing hedges of digital callable and barrier option payments. Also worthy of consideration as sources of risk are the estimation of market data such as dividends and correlation for quanto and composite basket options.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">For specific financial instruments relating to home mortgage loans secured by financial institutions in the UK (which are regulated and partially financed by the Government) and property asset derivatives, the main input is the Halifax House Price Index (HPI). In these cases, risk assumptions include estimations of the future growth and the volatility of the HPI, the mortality rate and the implied credit spreads.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Inflation markets are exposed to model risk resulting from uncertainty around modelling the correlation structure among various Consumer Price Index (CPI) rates. Another source of risk may arise from the bid-offer spread of inflation-linked swaps.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The currency markets are exposed to model risk resulting from forward skew modelling and the impact of stochastic interest rate and correlation modelling for multi-asset instruments. Risk may also arise from market data, due to the existence of specific illiquid foreign exchange pairs.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The most important source of model risk for credit derivatives relates to the estimation of the correlation between the probabilities of default of different underlying issuers. For illiquid underlying issuers, the CDS spread may not be well defined.</span></div></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Set forth below are the financial instruments at fair value whose measurement was based on internal models (levels 2 and 3) at 31 December 2022, 2021 and 2020:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.087%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2 </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3 </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main assumptions</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">ASSETS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">142,832</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,290</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">110,721</span><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">383</span><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt and equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,537 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,537 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54,367 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Gaussian Copula</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, HPI, Basis, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">916 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,681 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">354 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models and other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX and EQ market prices, Dividends, Correlation, HPI, Credit, Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,069</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,687 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, Basis</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, Volatility surfaces</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,380 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models and other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Credit, Liquidity, Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,080</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">643 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,269 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Market price, Interest rates curves, Dividends and Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">628 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">239 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, swap asset model & CDS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves and Credit curves</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,586</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">427</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">673 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,769 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, HPI</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,647</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Market price, Yield curves, Dividends and Others</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices </span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,498 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,718 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices and Credit curves</span></td></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.723%"><tr><td style="width:1.0%"/><td style="width:30.799%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.989%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.989%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.541%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.490%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.492%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2 </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3 </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main assumptions</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">LIABILITIES</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,733</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">98,533</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">415</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,759 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX market prices, Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,796 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX market prices, Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,226 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX market prices, Yield curves</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,147 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">415 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51,191 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">235 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Gaussian Copula</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices, Basis, Liquidity, HPI</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,268 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">769 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX market prices, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">591 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, multifactorial advanced models interest rate</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Liquidity</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Futures on interest rate and variable income</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">807 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Correlation, Liquidity, HPI</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,521 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">119 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, Volatility surfaces, FX & EQ market prices, Dividends, Correlation, Liquidity, HPI, Credit, Others</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Short positions</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,605 </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves ,FX & EQ market prices, Equity </span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,142 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves ,FX & EQ market prices, Basis</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,072 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method, Advanced stochastic volatility models and other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves , Volatility surfaces, FX market prices, Credit, Liquidity, Other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">55,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">496</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Yield curves, FX market prices</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities under insurance contracts</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value Method with actuarial techniques</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mortality tables and interest rate curves</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Level 2 internal models use data based on observable market parameters, while level 3 internal models use significant non-observable inputs in market data.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes mainly short-term loans/deposits and repurchase/reverse repurchase agreements with corporate customers (mainly brokerage and investment companies).</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Includes, mainly, structured loans to corporate clients.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Includes, mainly, short-term deposits that are managed based on their fair value..</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:29.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.090%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">ASSETS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">121,640</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">146,468</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">76,738</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">67,826</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">740</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,608 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value method</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,397 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,829 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt and equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,312 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,453 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,592 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">513</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,074 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">43,700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">224</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54,488 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">272</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Gaussian Copula</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">539 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">696 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,112 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,129 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">409 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,069 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,393 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">101</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,761</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,325</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,204 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,998 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black’s Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">548 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,302 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,273</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,796</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">415 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,231 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">984 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">505 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Debt securities issued</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">589 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">366 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">555 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">134 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">269 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">268 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">257 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">295 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, swap asset model & CDS</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,426</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">418</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,559</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,481 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,152 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,973 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,270 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,102 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">467 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,442</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,962</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,223 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,585 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,410 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,783 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,880 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,477 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,791 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr></table><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.053%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-bottom:1pt solid #9c9c9c;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-bottom:1pt solid #9c9c9c;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair values calculated<br/>using internal models at</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level 3</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation techniques</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">LIABILITIES</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103,807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">124,098</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">905</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">68,930</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">71,009</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,038 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,488 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,141 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,234 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">160</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63,920 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42,438 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51,584 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Gaussian Copula</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,226 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">658 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">724 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black-Scholes Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">446 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black's Model, advanced multifactor interest rate models</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and equity futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,054 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,876 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Short positions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,089 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,869</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,149 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,821 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Black’s Model</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,035 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method, Advanced stochastic volatility models and other</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,644</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">469</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,310</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities under insurance contracts</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">770</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">910</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present Value method with actuarial techniques</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Level 2 internal models use data based on observable market parameters, while level 3 internal models use significant non-observable inputs in market data.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes mainly short-term loans/deposits and repurchase/reverse repurchase with corporate customers (mainly brokerage and investment companies). </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Includes, mainly, structured loans to corporate clients.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Includes, mainly, short-term deposits that are managed based on their fair value.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Financial Instruments (level 3)</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Set forth below are the Group’s main financial instruments measured using unobservable market data as significant inputs of the internal models (level 3):</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">HTC&S (Held to collect and sale) syndicated loans classified in the fair value category with changes in other comprehensive income, where the cost of liquidity is not directly observable in the market, as well as the prepayment option in favour of the borrower.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Illiquid equity in non-trading portfolios, classified at fair value through profit or loss and at fair value through equity. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Instruments in Santander UK’s portfolio (loans, debt securities and derivatives) linked to the House Price Index (HPI). Even if the valuation techniques used for these instruments may be the same as those used to value similar products (present value in the case of loans and debt securities, and the Black-Scholes model for derivatives), the main factors used in the valuation of these instruments are the HPI spot rate, the growth and volatility thereof, and the mortality rates, which are not always observable in the market and, accordingly, these instruments are considered illiquid.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Callable interest rate derivatives (Bermudan-style options) where the main unobservable input is mean reversion of interest rates.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Trading derivatives on interest rates, taking as an underlying asset titling and with the amortization rate (CPR, Conditional prepayment rate) as unobservable main entry.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt"> Derivatives from trading on inflation in Spain, where volatility is not observable in the market.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Equity volatility derivatives, specifically indices and equities, where volatility is not observable in the long term.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Derivatives on long-term interest rate and FX in some units (mainly South America) where for certain underlyings it is not possible to demonstrate observability to these terms.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Debt instruments referenced to certain illiquid interest rates, for which there is no reasonable market observability.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The measurements obtained using the internal models might have been different if other methods or assumptions had been used with respect to interest rate risk, to credit risk, market risk and foreign currency risk spreads, or to their related correlations and volatilities. Nevertheless, the Bank’s directors consider that the fair value of the financial assets and liabilities recognised in the consolidated balance sheet and the gains and losses arising from these financial instruments are reasonable.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The net amount recognised in profit and loss in 2022 arising from models whose significant inputs are unobservable market data (level 3) amounted to EUR 90 million loss (EUR 73 million and EUR 193 million profit in 2021 and 2020, respectively).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt;padding-right:260.79pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The table below shows the effect, at 31 December 2022, 2021 and 2020 on the fair value of the main financial instruments classified as level 3 of a reasonable change in the assumptions used in the valuation. This effect was determined by applying the probable valuation ranges of the main unobservable inputs detailed in the following table:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.643%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></div></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted average</span></td><td colspan="6" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:18pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable scenario</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-20%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.07 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.38)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.40 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price based</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Market price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">85%-115%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discount curve</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-10%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8.34)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.07 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.7)% - 0.7%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4)bps - 4bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.06)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.07 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CDS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit Spread </span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">14.9bps - 42.1bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">21.99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.05)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.02 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 90%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">61.30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Local volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.05)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FRAs</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> 0% - 6%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.71 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Fx Swap</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a. </span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.37)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 40%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17.37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 60%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">35.82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 15.00%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9.20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.05)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.08 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.25% - 6.29%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.47 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.6% - 9.1%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.02)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.03 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (6)bps - 6.1bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.04)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5% - n.a.</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(11.58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment modelling</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.5% - 6.2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.06)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 2%</span></div></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.62 </span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.53)</span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.24 </span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5.75)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5.75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.1% - 2%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.05 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.18)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Mortgage portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Black Scholes model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (5)%- 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.79)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other debt securities</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.74 </span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4.25)</span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.83 </span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.051%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></div></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted average</span></td><td colspan="6" style="background-color:#ffffff;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:18pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable scenario</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bp - 1bp</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Probability weighting</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(126.87)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">126.87 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a. </span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(24.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate curve</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.8% - 1.0%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.08)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.08 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bp - 1bp</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0bp</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(17.51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17.51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.56% - 3.4%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.4)% - 1.6%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.63 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.01)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(70.04)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70.04 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40.73 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Repos/Reverse repos</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Long-term repo spread</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.13)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:7pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted<br/>average</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable<br/>scenario</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">scenario</span></div></td></tr><tr style="height:11pt"><td colspan="21" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90% </span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">36.30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (0.7)% - 0.7%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4bps - (4)bps</span></div></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.09)</span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.03)</span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #dbdbdb;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.03 </span></td><td style="border-top:1pt solid #dbdbdb;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #b3b3b3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Convertibility curve - inputs: NDFs Offshore</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 2% </span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 90% </span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">61.20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Local volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6.82)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6.82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FRAs</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 4%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.78 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">32.14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(50)% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.56)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 40%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13.29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Futures</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 15%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5.91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.09)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.71 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 60%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">36.28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6)% - 12.80%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.07)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.03% - 3.75%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.02 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(7.21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.8)% - 6.5%</span></div></td><td colspan="2" style="border-top:0.5pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.81 </span></td><td style="border-top:0.5pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.04)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7.7% -8.2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.87 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">TIIE91 (8.98)bps -TIIE91 +11.12bps</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6% - 12%</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment modelling</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.5% - 6.2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.09)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.62)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.62 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swaptions</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 40%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">26.67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Market price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">85% - 115%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.1% - 1.4%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.66 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.26)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.26 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Mortgage portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Black Scholes model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.90)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 20%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9.88 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.23)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.20 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discount curve</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.33 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4.14)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">20.69 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Others</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.74 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5.47)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4.92 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Corporate debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bp - 1bp</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bp</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.56)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Probability weighting</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.00 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(123.10)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">123.10 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:7pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted<br/>average</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable<br/>scenario</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">scenario</span></div></td></tr><tr style="height:11pt"><td colspan="21" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(19.84)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate curve</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.1)% - 0.1%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.07)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.07 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Margin of a reference portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)bps - 1bps</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">bps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(13.12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.77% - 2.42%</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.6% - 0.8%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.09 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.01)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10.00 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(82.13)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">82.13 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">36.30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Repos/Reverse repos</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap Repo Model</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Long-term repo spread</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n.a.</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.36)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Portfolio/Instrument</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impacts (EUR million)</span></td></tr><tr style="height:7pt"><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(Level 3)</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Valuation technique</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Main unobservable inputs</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Range</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Weighted<br/>average</span></td><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Unfavourable<br/>scenario</span></td><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Favourable<br/>scenario</span></td></tr><tr style="height:11pt"><td colspan="21" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">31.55 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.07)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">CCS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> (0.30)% - 0.66%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Convertibility curve - NDFs Offshore</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Forward estimation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 2%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.72)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7.86% - 93.67%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48.37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1.46)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FRAs</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% -5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.78)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX Forward</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.02)% - (0.30)%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">FX option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">32.14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(100)% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">83.33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.63)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation Derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">16.67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Futures</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 15%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.94)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.06 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR Options</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 100%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">19.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.06 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6)% - 12.50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.08)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swap Rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5.90% - 6.31%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.01)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.02 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.79% - 2.02%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.81)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IRS</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment modelling</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Prepayment rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.47%-6.22%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.06 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.05 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property derivatives</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate and HPI Spot rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(17.82)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17.82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Swaptions</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">IR option pricing model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0%-50%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">33.33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Repos / Reverse repos</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Asset Swap Repo Model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Long-term repo spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.18)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.23 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Mortgage portfolio</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Black Scholes model</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2.23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.07% - 1.55%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.35)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.35 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 10%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8.33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.78)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3.91 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other debt securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price based</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Market Price</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Property securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Probability weighting</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate and HPI Spot rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(7.24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(50.47)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50.47 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Loans and advances to customers</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">n/a</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6.72)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate curve</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.15)% - 0.15%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.09)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.09 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other loans</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Present value method</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit spreads</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.15% - 0.53%</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.04)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Debt securities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Government debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Discounted Cash Flows</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1.1% - 1.3%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Equity instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price Based</span></td><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Price</span></td><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90% - 110%</span></div></td><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(122.14)</span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">122.14 </span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Financial liabilities held for trading</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#242424;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:110%">Derivatives</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Cap&Floor</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility option model</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Volatility</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10% - 90%</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">34.61 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(0.02)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0.01 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EQ Options</span></td><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Option pricing model</span></td><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">HPI Forward growth rate and HPI Spot rate</span></td><td colspan="3" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">0% - 5%</span></div></td><td colspan="2" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2.50 </span></td><td style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6.35)</span></td><td style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6.35 </span></td><td style="border-bottom:1pt solid #c3dee7;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lastly, the changes in the financial instruments classified as Level 3 in 2022, 2021 and 2020 were as follows:</span></div><div style="margin-bottom:6pt;margin-top:15pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">01/01/2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2022</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value calculated using internal models (Level 3)</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Purchases/</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Issuances</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sales/Settlements</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in profit or<br/>loss</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in equity</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level<br/>reclassifications</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">91</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(99)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(116)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">383</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">513 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(142)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">418</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">427</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">521</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(579)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">98</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(50)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">268 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">276 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(280)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">239 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(266)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,269 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,564</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,029)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(172)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">417</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,647</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,880 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,471 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,988)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">349 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,718 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(173)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL ASSETS</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,716)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(49)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(172)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">380</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,290</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(97)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">415</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">160 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">415 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">235 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securities and interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">119 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives (Liabilities)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">469</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">496</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL LIABILITIES</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(100)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">41</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">01/01/2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Purchases<br/>/Issuances</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sales/Settlements</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognized<br/>in profit or<br/>loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognized<br/>in equity</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level<br/>reclassifications</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">740</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">136</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(181)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(179)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">513 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">272 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(35)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(69)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(40)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">59</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(120)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(163)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">418</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(163)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">467 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(118)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">534</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">485</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">36</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">268 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">505 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(74)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,681</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,588)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(228)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(241)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,791 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,597 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,298)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(173)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,880 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(43)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,223 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(265)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(148)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL ASSETS</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,410</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,083)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(228)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">66</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">85</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(42)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(138)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(21)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(138)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">160 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(36)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securities and interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">143</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(289)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">469</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL LIABILITIES</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">905</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">228</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(42)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(138)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(310)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">01/01/2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Purchases/</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Issuances</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sales/Settlements</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in profit or<br/>loss</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in<br/>fair value<br/>recognised<br/>in equity</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Level<br/>reclassifications</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value<br/>calculated<br/>using<br/>internal<br/>models<br/>(level 3)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">598</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(98)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">330</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(45)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(97)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">740</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">533 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">329 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(45)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">272 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">177 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(43)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">85 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(38)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">71 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">664</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(45)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(176)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">582 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(41)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(175)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">467 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,601</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(292)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(36)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(119)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(340)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">376 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(136)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">675 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(144)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(63)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(336)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">505 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,788</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,795</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,616)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(390)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">571</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,072</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL ASSETS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,651</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,247</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,051)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">311</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(390)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">316</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">290</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">40</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">130</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(96)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(55)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Trading derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">290 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(96)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Swaps</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Index and securities options</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(70)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securities and interest rate futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">784</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL LIABILITIES</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(17)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">118</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(128)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(186)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">905</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Recognition of fair value changes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As a general rule, changes in the carrying amount of financial assets and liabilities are recognised in the consolidated income statement. A distinction is made between the changes resulting from the accrual of interest and similar items, (which are recognised under Interest income or Interest expense, as appropriate), and those arising for other reasons, which are recognised at their net amount under 'Gains/losses on financial assets and liabilities'.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Adjustments due to changes in fair value arising from:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">'Financial assets at fair value with changes in other comprehensive income' are recorded temporarily, in the case of debt instruments in 'Other comprehensive income - Elements that can be reclassified to profit or loss - Financial assets at fair value with changes in other comprehensive income', while in the case of equity instruments are recorded in 'other comprehensive income - Elements that will not be reclassified to line item - Changes in the fair value of equity instruments valued at fair value with changes in other comprehensive income'. </span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exchange differences on debt instruments measured at fair value with changes in other comprehensive income are recognised under 'Exchange Differences, net' of the consolidated income statement. Exchange differences on equity instruments, in which the irrevocable option of being measured at fair value with changes in other comprehensive income has been chosen, are recognised in 'Other comprehensive income - Items that will not be reclassified to profit or loss - Changes in the fair value of equity instruments measured at fair value with changes in other comprehensive income'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Items charged or credited to 'Items that may be reclassified to profit or loss – Financial assets at fair value through other comprehensive income' and 'Other comprehensive income – Items that may be reclassified to profit or loss – Exchange differences in equity' remain in the Group's consolidated equity until the asset giving rise to them is impaired or derecognised, at which time they are recognised in the consolidated income statement.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Unrealized capital gains on financial assets at fair value through other comprehensive income classified as 'Non-current assets held for sale' because they form part of a disposal group or a discontinued operation that are recorded in the equity balancing entry 'Other accumulated comprehensive income - Items that can be reclassified in income - Non-current assets as held for sale.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Hedging transactions</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The consolidated entities use financial derivatives for the following purposes: i) to facilitate these instruments to customers who request them in the management of their market and credit risks; ii) to use these derivatives in the management of the risks of the Group entities’ own positions and assets and liabilities (hedging derivatives); and iii) to obtain gains from changes in the prices of these derivatives (derivatives).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial derivatives that do not qualify for hedge accounting are treated for accounting purposes as trading derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A derivative qualifies for hedge accounting if all the following conditions are met:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1. The derivative hedges one of the following three types of exposure:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">Changes in the fair value of assets and liabilities due to fluctuations, among others, in the interest rate and/or exchange rate to which the position or balance to be hedged is subject (fair value hedge).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">Changes in the estimated cash flows arising from financial assets and liabilities, commitments and highly probable forecast transactions (cash flow hedge).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:5.2pt">The net investment in a foreign operation (hedge of a net investment in a foreign operation).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. It is effective in offsetting exposure inherent in the hedged item or position throughout the expected term of the hedge, which means that:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">At the date of arrangement the hedge is expected, under normal conditions, to be highly effective (prospective effectiveness).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">There is sufficient evidence that the hedge was actually effective during the whole life of the hedged item or position (retrospective effectiveness). To this end, the Group checks that the results of the hedge were within a range of 80% to 125% of the results of the hedged item.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">3. There must be adequate documentation evidencing the specific designation of the financial derivative to hedge certain balances or transactions and how this hedge was expected to be achieved and measured, provided that this is consistent with the Group’s management of own risks.</span></div></div><div style="margin-bottom:9pt;padding-left:8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in value of financial instruments qualifying for hedge accounting are recognised as follows:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a. In fair value hedges, the gains or losses arising on both the hedging instruments and the hedged items attributable to the type of risk being hedged are recognised directly in the consolidated income statement.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In fair value hedges of interest rate risk on a portfolio of financial instruments, the gains or losses that arise on measuring the hedging instruments are recognised directly in the consolidated income statement, whereas the gains or losses due to changes in the fair value of the hedged amount (attributable to the hedged risk) are recognised in the consolidated income statement with a balancing entry under Changes in the fair value of hedged items in portfolio hedges of interest rate risk on the asset or liability side of the balance sheet, as appropriate.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b. In cash flow hedges, the effective portion of the change in value of the hedging instrument is recognised temporarily in Other comprehensive income – under Items that may be reclassified to profit or loss – Hedging derivatives – Cash flow hedges (effective portion) until the forecast transactions occur, when it is recognised in the consolidated income statement, unless, if the forecast transactions result in the recognition of non-financial assets or liabilities, it is included in the cost of the non-financial asset or liability.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c. In hedges of a net investment in a foreign operation, the gains or losses attributable to the portion of the hedging instruments qualifying as an effective hedge are recognised temporarily in Other comprehensive income under Items that may be reclassified to profit or loss – Hedges of net investments in foreign operations until the gains or losses – on the hedged item are recognised in profit or loss.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d. The ineffective portion of the gains or losses on the hedging instruments of cash flow hedges and hedges of a net investment in a foreign operation is recognised directly under 'Gains/losses on financial assets and liabilities (net)' in the consolidated income statement, in Gains or losses from hedge accounting, net.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If a derivative designated as a hedge no longer meets the requirements described above due to expiration, ineffectiveness or for any other reason, the derivative is classified for accounting purposes as a trading derivative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When fair value hedge accounting is discontinued, the adjustments previously recognised on the hedged item are amortised to profit or loss at the effective interest rate recalculated at the date of hedge discontinuation. The adjustments must be fully amortised at maturity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When cash flow hedge accounting is discontinued, any cumulative gain or loss on the hedging instrument recognised in equity under other comprehensive income 'Items that may be reclassified to profit or loss' (from the period when the hedge was effective) remains in this equity item until the forecast transaction occurs, at which time it is recognised in profit or loss, unless the transaction is no longer expected to occur, in which case the cumulative gain or loss is recognised immediately in profit or loss.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">vi. Derivatives embedded in hybrid financial instruments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Derivatives embedded in other financial instruments or in other host contracts are accounted for separately as derivatives if their risks and characteristics are not closely related to those of the host contracts, provided that the host contracts are not classified as financial assets/liabilities designated at fair value through profit or loss or as 'Financial assets/liabilities held for trading'.</span></div>
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	156118000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	116953000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	114945000000	eur
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	5713000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	5536000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	4486000000	eur
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialAssetsAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	8989000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialAssetsAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	15957000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialAssetsAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	48717000000	eur
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Other Comprehensive Income FinancialAssetsAtFairValueThroughOtherComprehensiveIncome	85239000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Other Comprehensive Income FinancialAssetsAtFairValueThroughOtherComprehensiveIncome	108038000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Other Comprehensive Income FinancialAssetsAtFairValueThroughOtherComprehensiveIncome	120953000000	eur
CY2022Q4	ifrs-full	Derivative Financial Assets Held For Hedging DerivativeFinancialAssetsHeldForHedging	8069000000	eur
CY2021Q4	ifrs-full	Derivative Financial Assets Held For Hedging DerivativeFinancialAssetsHeldForHedging	4761000000	eur
CY2020Q4	ifrs-full	Derivative Financial Assets Held For Hedging DerivativeFinancialAssetsHeldForHedging	8325000000	eur
CY2022Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	115185000000	eur
CY2021Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	79469000000	eur
CY2020Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	81167000000	eur
CY2022Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	55947000000	eur
CY2021Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	32733000000	eur
CY2020Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	48038000000	eur
CY2022Q4	ifrs-full	Derivative Financial Liabilities Held For Hedging DerivativeFinancialLiabilitiesHeldForHedging	9228000000	eur
CY2021Q4	ifrs-full	Derivative Financial Liabilities Held For Hedging DerivativeFinancialLiabilitiesHeldForHedging	5463000000	eur
CY2020Q4	ifrs-full	Derivative Financial Liabilities Held For Hedging DerivativeFinancialLiabilitiesHeldForHedging	6869000000	eur
CY2022Q4	ifrs-full	Liabilities Arising From Insurance Contracts LiabilitiesArisingFromInsuranceContracts	747000000	eur
CY2021Q4	ifrs-full	Liabilities Arising From Insurance Contracts LiabilitiesArisingFromInsuranceContracts	770000000	eur
CY2020Q4	ifrs-full	Liabilities Arising From Insurance Contracts LiabilitiesArisingFromInsuranceContracts	910000000	eur
CY2022Q4	san	Financial Instruments Management Number Of Independent Divisions FinancialInstrumentsManagementNumberOfIndependentDivisions	2	independent_division
CY2022Q4	ifrs-full	Accumulated Changes In Fair Value Of Financial Assets Attributable To Changes In Credit Risk Of Financial Assets AccumulatedChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets	330000000	eur
CY2022	san	Financial Instruments Credit Valuation Adjustment Increase Decrease FinancialInstrumentsCreditValuationAdjustmentIncreaseDecrease	0.392
CY2022Q4	ifrs-full	Accumulated Changes In Fair Value Of Financial Liability Attributable To Changes In Credit Risk Of Liability AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability	309000000	eur
CY2022	san	Financial Instruments Debt Valuation Adjustment Increase Decrease FinancialInstrumentsDebtValuationAdjustmentIncreaseDecrease	0.907
CY2021Q4	ifrs-full	Accumulated Changes In Fair Value Of Financial Assets Attributable To Changes In Credit Risk Of Financial Assets AccumulatedChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets	237000000	eur
CY2021	san	Financial Instruments Credit Valuation Adjustment Increase Decrease FinancialInstrumentsCreditValuationAdjustmentIncreaseDecrease	-0.419
CY2021Q4	ifrs-full	Accumulated Changes In Fair Value Of Financial Liability Attributable To Changes In Credit Risk Of Liability AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability	162000000	eur
CY2021	san	Financial Instruments Debt Valuation Adjustment Increase Decrease FinancialInstrumentsDebtValuationAdjustmentIncreaseDecrease	-0.304
CY2020Q4	ifrs-full	Accumulated Changes In Fair Value Of Financial Assets Attributable To Changes In Credit Risk Of Financial Assets AccumulatedChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets	408000000	eur
CY2020	san	Financial Instruments Credit Valuation Adjustment Increase Decrease FinancialInstrumentsCreditValuationAdjustmentIncreaseDecrease	0.498
CY2020Q4	ifrs-full	Accumulated Changes In Fair Value Of Financial Liability Attributable To Changes In Credit Risk Of Liability AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability	233000000	eur
CY2020	san	Financial Instruments Debt Valuation Adjustment Increase Decrease FinancialInstrumentsDebtValuationAdjustmentIncreaseDecrease	0.360
CY2020	san	Financial Instruments Valuation Adjustment Threshold As A Percent FinancialInstrumentsValuationAdjustmentThresholdAsAPercent	0.25
CY2022	ifrs-full	Description Of Accounting Policy For Derecognition Of Financial Instruments Explanatory DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory	Derecognition of financial assets and liabilities<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The accounting treatment of transfers of financial assets depends on the extent to which the risks and rewards associated with the transferred assets are transferred to third parties:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1. If the Group transfers substantially all the risks and rewards to third parties unconditional -sale of financial assets, sale of financial assets under an agreement to repurchase them at their fair value at the date of repurchase, sale of financial assets with a purchased call option or written put option that is deeply out of the money, securitisation of assets in which the transferor does not retain a subordinated debt or grant any credit enhancement to the new holders, and other similar cases-, the transferred financial asset is derecognised and any rights or obligations retained or created in the transfer are recognised simultaneously.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. If the Group retains substantially all the risks and rewards associated with the transferred financial asset -sale of financial assets under an agreement to repurchase them at a fixed price or at the sale price plus interest, a securities lending agreement in which the borrower undertakes to return the same or similar assets, and other similar cases-, the transferred financial asset is not derecognised and continues to be measured by the same criteria as those used before the transfer. However, the following items are recognised:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">An associated financial liability, which is recognised for an amount equal to the consideration received and is subsequently measured at amortised cost, unless it meets the requirements for classification under 'Financial liabilities designated at fair value through profit or loss'.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">The income from the transferred financial asset not derecognised and any expense incurred on the new financial liability, without offsetting.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">3. If the Group neither transfers nor retains substantially all the risks and rewards associated with the transferred financial asset -sale of financial assets with a purchased call option or written put option that is not deeply in or out of the money, securitisation of assets in which the transferor retains a subordinated debt or other type of credit enhancement for a portion of the transferred asset, and other similar cases- the following distinction is made:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.57pt">If the transferor does not retain control of the transferred financial asset, the asset is derecognised and any rights or obligations retained or created in the transfer are recognised.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.25pt">If the transferor retains control of the transferred financial asset, it continues to recognise it for an amount equal to its exposure to changes in value and recognises a financial liability associated with the transferred financial asset. The net carrying amount of the transferred asset and the associated liability is the amortised cost of the rights and obligations retained, if the transferred asset is measured at amortised cost, or the fair value of the rights and obligations retained, if the transferred asset is measured at fair value.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Accordingly, financial assets are only derecognised when the rights to the cash flows they generate have expired or when substantially all the inherent risks and rewards have been transferred to third parties. Similarly, financial liabilities are only derecognised when the obligations they generate have been extinguished or when they are acquired with the intention either to cancel them or to resell them.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding contractual modifications of financial assets, Grupo Santander has differentiated them into two main categories in relation to the conditions under which a modification leads to a derecognition or disposal of the financial asset (and the recognition of a new financial asset) and those under which the accounting of the original financial instrument with the modified terms is maintained:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Contractual modifications for commercial or market reasons, which are generally carried out at the request of the debtor to apply current market conditions to the debt. The new contract is considered a new transaction and, consequently, it is necessary to derecognize the original financial asset and recognize a new financial asset subject to the classification and measurement requirements established by IFRS 9. Also, the new financial asset will be recorded at fair value and, if applicable, the difference between the carrying amount of the asset derecognized and the fair value of the new asset will be recognized in profit or loss.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Modifications due to refinancing or restructuring, in which the payment conditions are modified to allow a customer that is experiencing financial difficulties (current or foreseeable) to meet its payment obligations and that, if such modification had not been made, it would be reasonably certain that it would not be able to meet such payment obligations. In this case, the modification does not result in the derecognition of the financial asset, but rather the original financial asset is maintained and does not require a new assessment of its classification and measurement. When assessing credit impairment, the current credit risk (considering the modified cash flows) should be compared with the credit risk at initial recognition. Finally, the gross carrying amount of the financial asset (the present value of the renegotiated or modified contractual cash flows that are discounted at the original effective interest rate of the financial asset) should be recalculated, with a gain or loss recognized in profit or loss for the difference.</span></div></div>
CY2022	ifrs-full	Description Of Accounting Policy For Offsetting Of Financial Instruments Explanatory DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory	Offsetting of financial instruments<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial asset and liability balances are offset, i.e. reported in the consolidated balance sheet at their net amount, only if the Group entities currently have a legally enforceable right to set off the recognised amounts and intend either to settle on a net basis, or to realise the asset and settle the liability simultaneously.</span></div><div style="margin-bottom:16.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the detail of financial assets and liabilities that were offset in the consolidated balance sheets as of 31 December 2022, 2021 and 2020:</span></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.134%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.136%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176,814 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(101,743)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,071 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">127,561 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48,949)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78,612 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">304,375</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(150,692)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">153,683</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,486 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,054 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72,023 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,107 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(56,348)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">117,161</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136,437 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60,975)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,865 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,787 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">219,302</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(77,053)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">142,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt;margin-top:126pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">175,862 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(101,743)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,119 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48,949)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">324,577</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(150,692)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173,885</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,029 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,424 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,508 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">174,886</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(56,348)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">118,537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132,313 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60,975)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,338 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,925 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,847 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">210,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(77,053)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">133,185</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, Grupo Santander has offset other items amounting to EUR 1,024 million (EUR 1,188 million and EUR 1,194 million at 31 December 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the balance sheet shows the amounts EUR 141,529 million (EUR 106,430 million and EUR 130,653 million at 31 December 2021 and 2020) on derivatives and repos as assets and EUR 157,572 million (EUR 104,130 million and EUR 122,416 million at 31 December 2021 and 2020, respectively) on derivatives and repos as liabilities that are subject to netting and collateral arrangements.</span></div>
CY2022	ifrs-full	Disclosure Of Offsetting Of Financial Assets And Financial Liabilities Explanatory DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory	<div style="margin-bottom:16.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the detail of financial assets and liabilities that were offset in the consolidated balance sheets as of 31 December 2022, 2021 and 2020:</span></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.134%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.136%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176,814 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(101,743)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,071 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">127,561 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48,949)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78,612 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">304,375</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(150,692)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">153,683</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,486 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,054 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72,023 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,107 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(56,348)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">117,161</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>assets<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>assets<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136,437 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60,975)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,865 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,787 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">219,302</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(77,053)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">142,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt;margin-top:126pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">175,862 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(101,743)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,119 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48,949)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">324,577</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(150,692)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173,885</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,029 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,424 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,508 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">174,886</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(56,348)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">118,537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:24.517%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.430%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of<br/>financial<br/>liabilities</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount<br/>of financial<br/>liabilities<br/>offset in the<br/>balance sheet</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net amount<br/>of financial<br/>liabilities<br/>presented in<br/>the balance<br/>sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132,313 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60,975)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,338 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77,925 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,847 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">210,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(77,053)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">133,185</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	ifrs-full	Gross Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	304375000000	eur
CY2022Q4	ifrs-full	Gross Financial Liabilities Set Off Against Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	150692000000	eur
CY2022Q4	ifrs-full	Net Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements In Statement Of Financial Position NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition	153683000000	eur
CY2021Q4	ifrs-full	Gross Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	173509000000	eur
CY2021Q4	ifrs-full	Gross Financial Liabilities Set Off Against Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	56348000000	eur
CY2021Q4	ifrs-full	Net Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements In Statement Of Financial Position NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition	117161000000	eur
CY2020Q4	ifrs-full	Gross Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	219302000000	eur
CY2020Q4	ifrs-full	Gross Financial Liabilities Set Off Against Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	77053000000	eur
CY2020Q4	ifrs-full	Net Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements In Statement Of Financial Position NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition	142249000000	eur
CY2022Q4	ifrs-full	Gross Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	324577000000	eur
CY2022Q4	ifrs-full	Gross Financial Assets Set Off Against Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	150692000000	eur
CY2022Q4	ifrs-full	Net Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements In Statement Of Financial Position NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition	173885000000	eur
CY2021Q4	ifrs-full	Gross Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	174886000000	eur
CY2021Q4	ifrs-full	Gross Financial Assets Set Off Against Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	56348000000	eur
CY2021Q4	ifrs-full	Net Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements In Statement Of Financial Position NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition	118537000000	eur
CY2020Q4	ifrs-full	Gross Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	210238000000	eur
CY2020Q4	ifrs-full	Gross Financial Assets Set Off Against Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	77053000000	eur
CY2020Q4	ifrs-full	Net Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements In Statement Of Financial Position NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition	133185000000	eur
CY2022Q4	san	Gross Financial Instruments Set Off Against Financial Instruments Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements Other GrossFinancialInstrumentsSetOffAgainstFinancialInstrumentsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsOther	1024000000	eur
CY2021Q4	san	Gross Financial Instruments Set Off Against Financial Instruments Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements Other GrossFinancialInstrumentsSetOffAgainstFinancialInstrumentsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsOther	1188000000	eur
CY2020Q4	san	Gross Financial Instruments Set Off Against Financial Instruments Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements Other GrossFinancialInstrumentsSetOffAgainstFinancialInstrumentsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsOther	1194000000	eur
CY2022Q4	ifrs-full	Net Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	141529000000	eur
CY2021Q4	ifrs-full	Net Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	106430000000	eur
CY2020Q4	ifrs-full	Net Financial Assets Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	130653000000	eur
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CY2020Q4	ifrs-full	Net Financial Liabilities Subject To Offsetting Enforceable Master Netting Arrangements Or Similar Agreements NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements	122416000000	eur
CY2022	ifrs-full	Description Of Accounting Policy For Impairment Of Financial Assets Explanatory DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory	Impairment of financial assets<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Definition</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander associates an impairment in the value to financial assets measured at amortised cost, debt instruments measured at fair value with changes in other comprehensive income, lease receivables and commitments and guarantees granted that are not measured at fair value.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The impairment for expected credit losses is recorded with a charge to the consolidated income statement for the period in which the impairment arises. In the event of occurrence, the recoveries of previously recognised impairment losses are recorded in the consolidated income statement for the period in which the impairment no longer exists or is reduced.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of purchased or originated credit-impaired assets, the Group only recognizes at the reporting date the changes in the expected credit losses during the life of the asset since the initial recognition as a credit loss. In the case of assets measured at fair value with changes in other comprehensive income, the changes in the fair value due to expected credit losses are charged in the consolidated income statement of the year where the change happened, reflecting the rest of the valuation in other comprehensive income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As a rule, the expected credit loss is estimated as the difference between the contractual cash flows to be recovered and the expected cash flows discounted using the original effective interest rate. In the case of purchased or originated credit-impaired assets, this difference is discounted using the effective interest rate adjusted by credit rating.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Depending on the classification of financial instruments, which is mentioned in the following sections, the expected credit losses may be along 12 months or during the life of the financial instrument:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">12-month expected credit losses: arising from the potential default events, as defined in the following sections that are estimated to be likely to occur within the 12 months following the reporting date. These losses will be associated with financial assets classified as 'normal risk' as defined in the following sections.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Expected credit losses over the life of the financial instrument: arising from the potential default events that are estimated to be likely to occur throughout the life of the financial instruments. These losses are associated with financial assets classified as 'normal risk under watchlist' or 'doubtful risk'.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With the purpose of estimating the expected life of the financial instrument all the contractual terms have been taken into account (e.g. prepayments, duration, purchase options, etc.), being the contractual period (including extension options) the maximum period considered to measure the expected credit losses. In the case of financial instruments with an uncertain maturity period and a component of undrawn commitment (e.g.: credit cards), the expected life is estimated through quantitative analyses to determine the period during which the entity is exposed to credit risk, also considering the effectiveness of management procedures that mitigate such exposure (e.g. the ability to unilaterally cancel such financial instruments, etc.).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following constitute effective guarantees:</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a) Mortgage guarantees on housing as long as they are first duly constituted and registered in favour of the entity. The properties include:</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.6pt">Buildings and building elements, distinguishing among:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Houses.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Offices, stores and multi-purpose premises.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Rest of buildings such as non-multi-purpose premises and hotels.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.47pt">Urban and developable ordered land.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">iii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:0.34pt"> Rest of properties that classify as: buildings and building elements under construction, such as property development in progress and halted development, and the rest of land types, such as rustic lands.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b) Collateral guarantees on financial instruments in the form of cash deposits and debt securities issued by creditworthy issuers.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c) Other types of real guarantees, including properties received in guarantee and second and subsequent mortgages on properties, as long as the entity demonstrates its effectiveness. When assessing the effectiveness of the second and subsequent mortgages on properties the entity will implement particularly restrictive criteria. It will take into account, among others, whether the previous charges are in favour of the entity itself or not and the relationship between the risk guaranteed by them and the property value.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d) Personal guarantees, as well as the incorporation of new owners, covering the entire amount of the financial instruments and implying direct and joint liability to the entity of persons or other entities whose solvency is sufficiently proven to ensure the repayment of the loan on the agreed terms.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The different aspects that the Group considers for the evaluation of effective guarantees are set out below in relation to the individual analysis.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Financial instruments presentation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the purposes of estimating the impairment amount, and in accordance with its internal policies, the Group classifies its financial instruments (financial assets, commitments and guarantees) measured at amortised cost or fair value through other comprehensive income in one of the following categories:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Normal Risk ('stage 1'): includes all instruments that do not meet the requirements to be classified in the rest of the categories.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:119%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%;padding-left:3.82pt">Normal risk under watchlist ('stage 2'): includes all instruments that, without meeting the criteria for classification as doubtful or default risk, have experienced significant increases in credit risk since initial recognition.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to determine whether a financial instrument has increased its credit risk since initial recognition and is to be classified in stage 2, the Group considers the following criteria:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:18.653%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:79.147%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Quantitative criteria</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the risk of a default occurring through the expected life of the financial instrument are analysed and quantified with respect to its credit level in its initial recognition.<br/></span><span style="font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"><br/></span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With the purpose of determining if such changes are considered as significant, with the consequent classification into stage 2, each Group unit has defined the quantitative thresholds to consider in each of its portfolios taking into account corporate guidelines ensuring a consistent interpretation in all units.<br/></span><span style="font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"><br/></span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Within the quantitative thresholds, two types are considered: A relative threshold is those that compare current credit quality with credit quality at the time of origination in percentage terms of change. In addition, an absolute threshold compares both references in total terms, calculating the difference between the two. These absolute/relative concepts are used homogeneously (with different values) in all geographies. The use of one type of threshold or another (or both) is determined in accordance with the process described in note 53, below, and is marked by the type of portfolio and characteristics such as the starting point of the average credit quality of the portfolio.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Qualitative criteria</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:2pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:110%">In addition to the quantitative criteria indicated, various indicators are used that are aligned with those used by the Group in the normal management of credit risk. Irregular positions of more than 30 days and renewals are common criteria in all Group units. In addition, each unit can define other qualitative indicators, for each of its portfolios, according to the particularities and normal management practices in line with the policies currently in force (i.e. use of management alerts, etc.).<br/>The use of these qualitative criteria is complemented with the use of an expert judgement, under the corresponding governance.</span></div></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of forbearances, instruments classified as 'normal risk under watchlist' may be generally reclassified to 'normal risk' in the following circumstances: at least two years have elapsed from the date of reclassification to that category or from its forbearance date, the client has paid the accrued principal and interest balance, and the client has no other instruments with more than 30 days past due balances.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Doubtful Risk ('stage 3'): includes financial instruments, overdue or not, in which, without meeting the circumstances to classify them in the category of default risk, there are reasonable doubts about their total repayment (principal and interests) by the client in the terms contractually agreed. Likewise, off-balance-sheet exposures whose payment is probable and their recovery doubtful are considered in stage 3. Within this category, two situations are differentiated:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Doubtful risk for non-performing loans: financial instruments, irrespective of the client and guarantee, with balances more than 90 consecutive days on material arrears for principal, interest or expenses contractually agreed. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This category also includes all loan balances for a client when the operations with more than 90 consecutive days on material arrears are greater than 20% of the amounts pending collection. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These instruments may be reclassified to other categories if, as a result of the collection of part of the past due balances, the reasons for their classification in this category do not remain and the client does not have balances more than 90 consecutive days on material arrears in other loans.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Doubtful risk for reasons other than non-performing loans: this category includes doubtful recovery financial instruments that are not more than 90 consecutive days on material arrears.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander considers that a financial instrument to be doubtful for reasons other than delinquency when one or more combined events have occurred with a negative impact on the estimated future cash flows of the financial instrument. To this end, the following indicators, among others, are considered:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.98pt">Negative net equity or decrease because of losses of the client's net equity by at least 50% during the last financial year.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.66pt">Continued losses or significant decrease in revenue or, in general, in the client's recurring cash flows.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.61pt">Generalised delay in payments or insufficient cash flows to service debts.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">d)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.67pt">Significantly inadequate economic or financial structure or inability to obtain additional financing by the client.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">e)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.92pt">Existence of an internal or external credit rating showing that the client is in default.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">f)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:5.47pt">Existence of overdue customer commitments with a significant amount to public institutions or employees.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These financial instruments may be reclassified to other categories if, as a result of an individualised study, reasonable doubts do not remain about the total repayment under the contractually agreed terms and the client does not have balances of 90 consecutive days on material arrears.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of forbearances, instruments classified as doubtful risk may be reclassified to the category of 'normal risk under watchlist' when the following circumstances are present: a minimum period of one year has elapsed from the forbearance date, the client has paid the accrued principal and interest amounts, and the client has no other loan balances of 90 consecutive days on material arrears.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Default Risk: includes all financial assets, or part of them, for which, after an individualised analysis, their recovery is considered remote due to a notorious and irrecoverable deterioration of their solvency.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In any event, except in the case of financial instruments with effective collateral covering a substantial portion of the transaction amount, the Group generally consider as remote the following:</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- Those operations that, after an individualized analysis, are categorized as unsustainable debt, assuming an irrecoverability of such debt.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- Transactions classified as doubtful due to non-performing loans with recovery costs that exceed the amounts receivable.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- The operations on which the award is executed. The queue of these operations shall be included under default risk, as the recovery of the flows, provided that no further guarantees associated with the operation remain after the award of the property.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">- Those operations on which a deduction is made, the portion of the operation corresponding to that deduction, will be given as a balance at the time of signature.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">A financial asset amount is maintained in the balance sheet until they are considered as a "default risk", either all or a part of it, and the write-off is registered against the balance sheet.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of operations that have only been partially derecognised, for forgiveness reasons or because part of the total balance is considered unrecoverable, the remaining amount shall be fully classified in the category of 'doubtful risk', except where duly justified.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The classification of a financial asset, or part of it, as a 'default risk' does not involve the disruption of negotiations and legal proceedings to recover the amount.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Impairment valuation assessment</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has policies, methods and procedures in place to hedge its credit risk, both due to the insolvency attributable to counterparties and its residence in a specific country. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These policies, methods and procedures are applied in the concession, study and documentation of financial assets, commitments and guarantees, as well as in the identification of their impairment and in the calculation of the amounts needed to cover their credit risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The asset impairment model in IFRS 9 applies to financial assets measured at amortised cost, debt instruments at fair value with changes in other comprehensive income, lease receivables and commitments and guarantees granted that are not measured at fair value.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The impairment represents the best estimation of the financial assets expected credit losses at the balance sheet date, assessed both individually and collectively.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Individually: for the purposes of estimating the provisions for credit risk arising from the insolvency of a financial instrument, the Group individually assesses impairment by estimating the expected credit losses on those financial instruments that are considered to be significant and with sufficient information to make such an estimate.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-0.01pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Therefore, this classification mostly includes wholesale banking customers —Corporations, specialised financing— as well as some of the largest companies —Chartered and real estate developers— from retail banking. The determination of the perimeter in which the individualised estimate is applied is detailed in a later section.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The individually assessed impairment estimate is equal to the difference between the gross carrying amount of the financial instrument and the estimated value of the expected cash flows receivable discounted using the original effective interest rate of the transaction. The estimate of these cash flows takes into account all available information on the financial asset and the effective guarantees associated with that asset. This estimation process is detailed below.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Collectively: the Group also assesses impairment by estimating the expected credit losses collectively in cases where they are not assessed on an individual basis. This includes, for example, loans with individuals, sole proprietors or businesses in retail banking subject to a standardised risk management.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the purposes of the collective assessment of expected credit losses, the Group has consistent and reliable internal models. For the development of these models, instruments with similar credit risk characteristics that are indicative of the debtors' capacity to pay are considered.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The credit risk characteristics used to group the instruments are, among others: type of instrument, debtor's sector of activity, geographical area of activity, type of guarantee, aging of past due balances and any other factor relevant to estimating the future cash flows.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander performs retrospective and monitoring tests to evaluate the reasonableness of the collective estimate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the other hand, the methodology required to estimate the expected credit loss due to credit events is based on an unbiased and weighted consideration by the probability of occurrence of a series of scenarios, considering a range of three to five possible future scenarios, depending on the characteristics of each unit, which could have an impact on the collection of contractual cash flows, always taking into account the time value of money, as well as all available and relevant information on past events, current conditions and forecasts of the evolution of macroeconomic scenarios that are shown to be relevant for the estimation of this amount (for example: GDP (Gross Domestic Product), housing price, unemployment rate, etc.).</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimation of expected losses requires expert judgment and the support of historical, current and future information. The probability of loss is measured considering past events, the present situation and future trends of macroeconomic scenarios.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander uses forward-looking information in both internal risk management and prudential regulation processes, so that for the calculation of the impairment loss allowance, various scenarios are incorporated that take advantage of the experience with such information, thus ensuring consistency in obtaining the expected loss.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The complexity of the estimation in this exercise has been derived from the current macroeconomic scenario as a consequence of the war in Ukraine, as well as the increasing level of inflation and interest rates, and the difficulties in the supply chains, which has generated some uncertainty in the evolution of the economy.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has internally ensured the criteria to be followed for guarantees received from government bodies, both through credit lines and other public guarantees, so that when they are adequately reflected in each of the contracts, they are recognised as mitigating factors of the potential expected losses, and therefore of the provisions to be recognised, based on the provisions of the applicable standard (IFRS 9 Par. B5.5.55). Furthermore, where applicable, these guarantees are appropriately reflected in the mitigation of the significant increase in risk, considering their nature as personal guarantees.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the estimation of the parameters used in the estimation of impairment provisions -EAD (exposure at default), PD (probability of default), LGD (loss given default)-, the Group based its experience in developing internal models for the estimation of parameters both in the regulatory area and for management purposes, adapting the development of the impairment provision models under IFRS 9.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Exposure at default: is the amount of estimated risk incurred at the time of the counterparty's analysis.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Probability of default: is the estimated probability that the counterparty will default on its principal and/or interest payment obligations.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Loss given default: is the estimate of the severity of the loss incurred in the event of non-compliance. It depends mainly on the updating of the guarantees associated with the operation and the future cash flows that are expected to be recovered.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In any case, when estimating the flows expected to be recovered, portfolio sales are included. It should be noted that due to the Group's recovery policy and the experience observed in relation to the prices of past sales of assets classified as stage 3 and/or default risk, there is no substantial divergence between the flows obtained from recoveries after performing recovery management of the assets with those obtained from the sale of portfolios of assets discounting structural expenses and other costs incurred.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The definition of default implemented by the Group for the purpose of calculating the impairment provision models is based on the definition in Article 178 of Regulation 575/2013 of the European Union (CRR), which is fully aligned with the requirements of IFRS 9, which considers that a 'default' exists in relation to a specific customer/contract when at least one of the following circumstances exists: the entity considers that there are reasonable doubts about the payment of all its credit obligations or that the customer/contract is in an irregular situation for more than 90 consecutive days past due material balances with respect to any significant credit obligation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has partially and voluntarily aligned during 2022 the accounting definition of Stage 3, as well as the calculation of impairment provision models, to the New Definition of Default, incorporating the criteria defined by the EBA in its implementation guide of the definition of default, capturing the economic deterioration of the operations (days in default - on a daily basis - and materiality thresholds - minimum amount in arrears). The alignment of criteria has been done taking into account the criteria of IFRS 9 as well as the accounting principles of unbiased presentation of financial information. Grupo Santander has registered an increase in the default rate at around 19 basis points, with no material impact on the provision figures for credit risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group considers the risk generated in all cross-border transactions due to circumstances other than the usual commercial risk of insolvency (sovereign risk, transfer risk or risks arising from international financial activity, such as wars, natural catastrophes, balance of payments crisis, etc.).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">IFRS 9 includes a series of practical solutions that can be implemented by entities, with the aim of facilitating its implementation. However, in order to achieve a complete and high-level implementation of the standard, and following the best practices of the industry, the Group does not apply these practical solutions in a generalised manner:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Rebuttable presumption that the credit risk has increased significantly, when payments are more than 30 days past due: this threshold is used as an additional, but not primary, indicator of significant risk increase. Additionally, there may be cases in the Group where its use has been rebutted as a result of studies that show a low correlation of the significant risk increase with this past due threshold. The volume rebutted does not exceed 0.1% of the Group's total exposure.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Assets with low credit risk at the reporting date: the Group assesses the existence of significant risk increase in all its financial instruments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This information is provided in more detail in note 53 b.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Detail of individual estimate of impairment</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the individual estimate of the assessment for impairment of the financial asset, the Group has a specific methodology to estimate the value of the cash flows expected to be collected:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Recovery through the debtor's ordinary activities (going approach).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Recovery through the execution and sale of the collateral guaranteeing the operations (gone approach).</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Gone approach:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a. Evaluation of the effectiveness of guarantees</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander assesses the effectiveness of all the guarantees associated considering the following:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The time required to execute these guarantees.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Grupo Santander's ability to enforce or assert these guarantees in its favour.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The existence of limitations imposed by each local unit´s regulation on the foreclosure of collateral.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Under no circumstances the Group considers that a guarantee is effective if its effectiveness depends substantially on the solvency of the debtor, as could be the case:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Promises of shares or other securities of the debtor himself when their valuation may be significantly affected by a debtor's default.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Personal cross-collateralisation: when the guarantor of a transaction is, at the same time, guaranteed by the holder of that transaction.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the basis of the foregoing, the following types of guarantees are considered to be effective:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Mortgage guarantees on properties, which are first charge, duly constituted and registered. Real estate includes:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Buildings and finished building elements.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Urban and developable land in order. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Other real estate, including buildings under construction, developments in progress or at a standstill, and other land, such as rural properties. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Pledges on financial instruments such as cash deposits, debt securities of reputable issuers or equity instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Other types of security interests, including movable property received as security and second and subsequent mortgages on real state , provided that they are proven to be effective under particularly restrictive criteria.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Personal guarantees, including new holders, covering the entire amount and involving direct and joint liability to the entity, from persons or entities whose equity solvency ensures repayment of the transaction under the agreed terms.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b. Valuation of guarantees</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander assesses the guarantees on the basis of their nature in accordance with the following:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Mortgage guarantees on properties associated with financial instruments, using a complete individual valuations carried out by independent valuation experts and under generally accepted valuation standards. If this is not possible, alternative valuations are used with duly documented and approved internal valuation models.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Personal guarantees are valued individually on the basis of the guarantor´s updated information.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The rest of the guarantees are valued based on current market values.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c. Adjustments to the value of guarantees and estimation of future cash flow inflows and outflows</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander applies a series of adjustments to the value of the guarantees in order to improve the reference values:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Adjustments based on the historical sales experience of local units for certain types of assets.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Individual expert adjustments based on additional management information.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, to adjust the value of the guarantees, the time value of money is taken into account based on the historical experience of each of the units, estimating:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Period of adjudication.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Estimated time of sale of the asset.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group takes into account all those cash inflows and outflows linked to that guarantee until it is sold:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Possible future income commitments in favour of the borrower which will available after the asset is awarded.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Estimated foreclosure costs.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Asset maintenance costs, taxes and community costs.</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Estimated marketing or sales costs.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, since it is considered that the guarantee will be sold in the future, the Group applies an additional adjustment ('index forward') in order to adjust the value of the guarantees to future valuation expectations.</span></div></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">v. Impairment individual assessment scope</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander determines the perimeter over which it makes an estimate of the assessment for impairment on an individual basis based on a relevance threshold set by each of the geographical areas and the stage in which the operations are located. In general, the Group applies the individualised calculation of expected losses to the significant exposures classified in stage 3, although Banco Santander, S.A. has also extended its analyses to some of the exposures classified in stage 2.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">It should be noted that, in any case and irrespective of the stage in which their transactions are carried out, for customers who do not receive standardised treatment, a relational risk management model is applied, with individualised treatment and monitoring by the assigned risk analyst. In addition to wholesale customers (Santander Corporate & Investment Banking or SCIB) and large companies, this relational management model also includes other segments of smaller companies for which there is information and capacity for more personalised and expert analysis and monitoring. As indicated in the Group's wholesale credit model, the individual treatment of the client facilitates the continuous updating of information. The risk assumed must be followed and monitored throughout its life cycle, enabling anticipation and action to be taken in the event of possible impairments. In this way, the customer's credit quality is analysed individually, taking into account specific aspects such as his competitive position, financial performance, management, etc. In the wholesale risk management model, every customer with a credit risk position is assigned a rating, which has an associated probability of customer default. Thus, individual analysis of the debtor triggers a specific rating for each customer, which determines the appropriate parameters for calculating the expected loss, so that it is the rating itself that initially modulates the necessary coverage, adjusting the severity of the possible loss to the guarantees and other mitigating factors that the customer may have available. In addition, if as a result of this individualised monitoring of the customer, the analyst finally considers that his coverage is not sufficient, he has the necessary mechanisms to adjust it under his expert judgement, always under the appropriate governance.</span></div>
CY2022	ifrs-full	Disclosure Of Credit Risk Explanatory DisclosureOfCreditRiskExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to determine whether a financial instrument has increased its credit risk since initial recognition and is to be classified in stage 2, the Group considers the following criteria:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:18.653%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:79.147%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Quantitative criteria</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the risk of a default occurring through the expected life of the financial instrument are analysed and quantified with respect to its credit level in its initial recognition.<br/></span><span style="font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"><br/></span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With the purpose of determining if such changes are considered as significant, with the consequent classification into stage 2, each Group unit has defined the quantitative thresholds to consider in each of its portfolios taking into account corporate guidelines ensuring a consistent interpretation in all units.<br/></span><span style="font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"><br/></span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Within the quantitative thresholds, two types are considered: A relative threshold is those that compare current credit quality with credit quality at the time of origination in percentage terms of change. In addition, an absolute threshold compares both references in total terms, calculating the difference between the two. These absolute/relative concepts are used homogeneously (with different values) in all geographies. The use of one type of threshold or another (or both) is determined in accordance with the process described in note 53, below, and is marked by the type of portfolio and characteristics such as the starting point of the average credit quality of the portfolio.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Qualitative criteria</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:2pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:110%">In addition to the quantitative criteria indicated, various indicators are used that are aligned with those used by the Group in the normal management of credit risk. Irregular positions of more than 30 days and renewals are common criteria in all Group units. In addition, each unit can define other qualitative indicators, for each of its portfolios, according to the particularities and normal management practices in line with the policies currently in force (i.e. use of management alerts, etc.).<br/>The use of these qualitative criteria is complemented with the use of an expert judgement, under the corresponding governance.</span></div></td></tr></table></div>
CY2022	san	Default Rate Expected Increase Percentage DefaultRateExpectedIncreasePercentage	0.0019
CY2022	san	Impact On Credit Risk Provision ImpactOnCreditRiskProvision	0	eur
CY2022	ifrs-full	Description Of Accounting Policy For Repurchase And Reverse Repurchase Agreements Explanatory DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory	Repurchase agreements and reverse repurchase agreements<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Purchases (sales) of financial instruments under a non-optional resale (repurchase) agreement at a fixed price (repos) are recognised in the consolidated balance sheet as financing granted (received), based on the nature of the debtor (creditor), under 'Loans and advances with central banks', 'Loans and advances to credit institutions' or 'Loans and advances to customers' (Deposits from central banks, Deposits from credit institutions or Customer deposits).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Differences between the purchase and sale prices are recognised as interest over the contract term.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Noncurrent Assets Or Disposal Groups Classified As Held For Sale Explanatory DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory	'Non-current assets' and 'liabilities associated with non-current assets held for sale'<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Non-current assets held for sale' includes the carrying amount of individual items, disposal groups or items forming part of a business unit earmarked for disposal (discontinued operations), whose sale in their present condition is highly likely to be completed within one year from the reporting date. Therefore, the recovery of the carrying amount of these items -which can be of a financial nature or otherwise- will foreseeably be effected through the proceeds from their disposal.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Specifically, property or other non-current assets received by the consolidated entities as total or partial settlement of their debtors’ payment obligations to them are deemed to be 'Non-current assets held for sale', unless the consolidated entities have decided to make continuing use of these assets. In this connection, for the purpose of its consideration in the initial recognition of these assets, the Group obtains, at the foreclosure date, the fair value of the related asset through a request for appraisal by external appraisal agencies.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has in place a corporate policy that ensures the professional competence and the independence and objectivity of the external appraisal agencies, in accordance with the regulations, which require appraisal agencies to meet independence, neutrality and credibility requirements, so that the use of their estimates does not reduce the reliability of its valuations. This policy establishes that all the appraisal companies and agencies with which the Group works in Spain should be registered in the Official Register of the Bank of Spain and that the appraisals performed by them should follow the methodology established in Ministry of Economy Order ECO/805/2003, of 27 March. The main appraisal companies and agencies with which the Group worked in Spain in 2022 are as follows: Gloval Valuation, S.A.U., Tinsa Tasaciones Inmobiliarias, S.A.U., CBRE Valuation Advisory, S.A., Valoraciones Mediterráneo, S.A. y Sociedad de tasación, S.A. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, this policy establishes that the various subsidiaries abroad work with appraisal companies that have recent experience in the area and the type of asset under appraisal and meet the independence requirements established in the corporate policy. They should verify, inter alia, that the appraisal company is not a party related to the Group and that its billings to the Group in the last twelve months do not exceed 15% of the appraisal company’s total billings.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Liabilities associated with non-current assets held for sale' includes the balances payable arising from the assets held for sale or disposal groups and from discontinued operations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Non-current assets and disposal groups of items that have been classified as held for sale' are generally recognised at the date of their allocation to this category and are subsequently valued at the lower of their fair value less costs to sell or its book value. 'Non-current assets and disposal groups of items that are classified as held for sale' are not amortised as long as they remain in this category.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the fair value less costs to sell of non-current assets held for sale exceeded their carrying amount by EUR 631 million (EUR 567 million at 31 December 2021); however, in accordance with the accounting standards, this unrealised gain could not be recognised.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The valuation of the portfolio of non-current assets held for sale has been made in compliance with the requirements of International Financial Reporting Standards in relation to the estimate of the fair value of tangible assets and the value-in-use of financial assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The value of the portfolio is determined as the sum of the values of the individual elements that compose the portfolio, without considering any total or batch grouping in order to correct the individual values.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander, in compliance with Bank of Spain Circular 4/2017, and subsequent amendments, on public and private financial reporting standards and financial statement models, has developed a methodology that enables it to estimate the fair value and costs of sale of assets foreclosed or received in payment of debts. This methodology is based on the classification of the portfolio of foreclosed assets into different segments. Segmentation enables the intrinsic characteristics of Banco Santander's portfolio of foreclosed assets to be differentiated, so that assets with homogeneous characteristics are grouped by segment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Thus, the portfolio is segmented into (i) finished assets of a residential and tertiary nature, (ii) developments in progress and (iii) land.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">1</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">In determining the critical segments in the overall portfolio, assets are classified on the basis of the nature of the asset and its stage of development. This segmentation is made in order to seek the liquidation of the asset (which should be carried out in the shortest possible time).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When making decisions, the situation and/or characteristics of the asset are fundamentally taken into account, as well as the evaluation of all the determining factors that favour the recovery of the debt. For them, the following aspects are analyzed, among others:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The time that has elapsed since the adjudication.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The transferability and contingencies of the foreclosed asset.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The economic viability from the real estate point of view with the necessary investment estimate.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The expenses that may arise from the marketing process.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The offers received, as well as the difficulties in finding buyers.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">In the case of real estate assets foreclosed in Spain, which represent 90% of the Group’s total non-current assets held for sale, the valuation of the portfolio is carried out by applying the following models:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Market Value Model used in the valuation of finished properties of a residential nature (mainly homes and car parks) and properties of a tertiary nature (offices, commercial premises and multipurpose buildings). For the valuation of finished assets whose availability for sale is immediate, a market sale value provided by a third party external to Banco Santander is considered, calculated under the AVM methodology by the comparable properties method adjusted by our experience in selling similar assets, given the term, price, volume, trend in the value of these assets and the time elapsing until their sale and discounting the estimated costs of sale.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The market value is determined on the basis of the definition established by the International Valuation Standards drawn up by the IVSC (International Valuation Standards Council), understood as the estimated amount for which an asset or a liability should be exchanged on the measurement date between a willing buyer and a willing seller, in an arm's length transaction, after appropriate marketing, and in which the parties have acted with sufficient information, prudently and without coercion.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The current market value of the properties is estimated on the basis of automated valuations obtained by taking comparable properties as a reference; simulating the procedure carried out by an appraiser in a physical valuation according to Order ECO 805/2003: selection of properties and obtaining the unit value by applying homogenisation adjustments. The selection of the properties is carried out by location within the same real estate cluster and according to the characteristics of the properties, filtering by type</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">, surface area range and age. The model enables a distinction to be made within the municipality under study as to which areas are similar and comparable and therefore have a similar value in the property market, discriminating between which properties are good comparators and which are not.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Adjustments to homogenize the properties are made according to: (i) the age of the property according to the age of the property to be valued, (ii) the deviation of the built area from the common area with respect to the property to be valued and (iii) by age of the date of capture of the property according to the price evolution index of the real estate market.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, for individually significant assets, complete individual valuations are carried out, including a visit to the asset, market analysis (data relating to supply, demand, current sale or rental price ranges and supply-demand and revaluation expectations) and an estimate of expected income and costs.</span></div></div></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1. The assets in a situation of 'stopped development' are included under 'land</span></div><div style="padding-left:9.07pt;text-indent:-7.09pt"><span><br/></span></div><div style="padding-left:9.07pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">2. Assets qualified as protected housing are taken into account. The maximum legal value of these assets is determined by the VPO module, obtained from the result of multiplying the State Basic Module (MBE) by a zone coefficient determined by each autonomous community. To carry out the valuation of a protected property, the useful surface area is used in accordance with current regulations..</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">For this segmentation of assets, when they are completed, the real costs are known and the actual expenses for the marketing and sale of the asset must be taken into account. Therefore, Banco Santander uses the actual costs in its calculation engine or, failing that, those estimated on the basis of its observed experience.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Market Value Model according to Evolution of Market Values used to update the valuation of developments in progress. The valuation model estimates the current market value of the properties based on complete individual valuations by third parties, calculated from the values of the feasibility studies and development costs of the promotion, as well as the selling costs, distinguishing by location, size and type of property. The inputs used in the valuation model for residential assets under construction are actual revenues and costs.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For this purpose, in order to calculate the investment flows, Banco Santander considers, on the basis of the feasibility studies, the expenditure required for construction, the professional fees relating to the project and to project management, the premiums for mandatory building insurance, the developer's administrative expenses, licenses, taxes on new construction and fees, and urban development charges.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With respect to the calculation of income flows, Banco Santander takes into account the square metres built, the number of homes under construction and the estimated selling price over 1.5 years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The market value will be the result of the difference between the income flows and the investment flows estimated at each moment.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Land Valuation model. The methodology followed by the Group regarding land valuation consists of updating the individual reference valuation of each of the land on an annual basis, through updated valuation valuations carried out by independent professionals and following the methodology established in the OM (Ministerial Order) ECO/805/2003, of 27 March, whose main verifications in the case of land valuation, regardless of the degree of urbanisation of the land, correspond to:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Visual verification of the assessed property.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Registry description.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Urban planning.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Visible easements.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Visible state of occupation, possession, use and exploitation.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Protection regime.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Apparent state of preservation.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Correspondence with cadastral property.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Existence of expropriation procedure, expropriation plan or project, administrative resolution or file that may lead to expropriation.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Expiry of the urbanization or building deadlines.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Existence of a procedure for failure to comply with obligations.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Verification of surfaces.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the purposes of valuation, the land will be classified in the following levels:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Level I: It will include all the lands that do not belong to level II.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Level II: It shall include land classified as undeveloped where building is not allowed for uses other than agriculture, forestry, livestock or linked to an economic exploitation permitted by the regulations in force. Also included are lands classified as developable that are not included in a development area of urban planning or that, in such an area, the conditions for its development have not been defined.</span></div><div style="margin-bottom:9pt;padding-left:17.86pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In those cases where the Group does not have an updated reference value through an ECO valuation for the current year, we use as a reference value the latest available ECO valuation reduced or corrected by the average annual coverage ratio of the land on which we have obtained an updated reference value, through an ECO valuation. </span></div><div style="margin-bottom:9pt;padding-left:17.86pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander applies a discount to the aforementioned reference values that takes into account both the discount on the reference value in the sales process and the estimated costs of marketing or selling the land:</span></div><div style="margin-bottom:9pt;padding-left:17.86pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Discount on reference value = % discount on sales + % marketing costs being:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">% discount on Sales: = 100 - (sales price / updated appraisal value).</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">marketing costs: calculated on the basis of our historical experience in sales and in accordance with the marketing management fees negotiated with our suppliers of this type of service.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In this way the Group obtains the corrected market value, an amount that we compare with the net cost of each piece of land to determine its correct valuation and conclude with our valuation process.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in relation to the previously mentioned valuations, less costs to sell, are contrasted with the sales experience of each type of asset in order to confirm that there is no significant difference between the sale price and the valuation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Impairment losses on an asset or disposal group arising from a reduction in its carrying amount to its fair value (less costs to sell) are recognised under 'Gains or (losses) on non-current assets held for sale not classified as discontinued operations' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The gains on a non-current asset held for sale resulting from subsequent increases in fair value (less costs to sell) increase its carrying amount and are recognised in the consolidated income statement up to an amount equal to the impairment losses previously recognised.</span></div></div>
CY2022	san	Maximum Billings Percentage MaximumBillingsPercentage	0.15
CY2022Q4	san	Unrealized Gain Loss Of Fair Value Less Costs To Sell Of Non Current Assets Held For Sale UnrealizedGainLossOfFairValueLessCostsToSellOfNonCurrentAssetsHeldForSale	631000000	eur
CY2021Q4	san	Unrealized Gain Loss Of Fair Value Less Costs To Sell Of Non Current Assets Held For Sale UnrealizedGainLossOfFairValueLessCostsToSellOfNonCurrentAssetsHeldForSale	567000000	eur
CY2022	ifrs-full	Description Of Accounting Policy For Reinsurance Explanatory DescriptionOfAccountingPolicyForReinsuranceExplanatory	Assets under insurance or reinsurance contracts and Liabilities under insurance or reinsurance contracts<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Insurance contracts involve the transfer of a certain quantifiable risk in exchange for a periodic or one-off premium. The effects on the Group’s cash flows will arise from a deviation in the payments forecast and/or an insufficiency in the premium set.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group controls its insurance risk as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By applying a strict methodology in the launch of products and in the assignment of value thereto.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By using deterministic and stochastic actuarial models for measuring commitments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By using reinsurance as a risk mitigation technique as part of the credit quality guidelines in line with the Group’s general risk policy.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By establishing an operating framework for credit risks.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By actively managing asset and liability matching.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">By applying security measures in processes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Reinsurance assets includes the amounts that the consolidated entities are entitled to receive for reinsurance contracts with third parties and, specifically, the reinsurer’s share of the technical provisions recorded by the consolidated insurance entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At least once a year these assets are reviewed to ascertain whether they are impaired (i.e. there is objective evidence, as a result of an event that occurred after initial recognition of the reinsurance asset, that Grupo Santander may not receive all amounts due to it under the terms of the contract and the amount that will not be received can be reliably measured), and any impairment loss is recognised in the consolidated income statement and the assets are written down.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Liabilities under insurance contracts' includes the technical provisions recorded by the consolidated entities to cover claims arising from insurance contracts in force at year-end.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Insurers’ results relating to their insurance business are recognised, according to their nature, under the related consolidated income statement items.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with standard accounting practice in the insurance industry, the consolidated insurance entities credit to the income statement the amounts of the premiums written and charge to income the cost of the claims incurred on final settlement thereof. Insurance entities are therefore required to accrue at period-end the unearned revenues credited to their income statements and the accrued costs not charged to income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At least at each reporting date the Group assesses whether the insurance contract liabilities recognised in the consolidated balance sheet are adequate. For this purpose, it calculates the difference between the following amounts:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Current estimates of future cash flows under the insurance contracts of the consolidated entities. These estimates include all contractual cash flows and any related cash flows, such as claims handling costs.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The carrying amount recognised in the consolidated balance sheet of its insurance contract liabilities (see note 15), less any related deferred acquisition costs or related intangible assets, such as the amount paid to acquire, in the event of purchase by the entity, the economic rights held by a broker deriving from policies in the entity’s portfolio.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If the calculation results in a positive amount, this deficiency is charged to the consolidated income statement. When unrealised gains or losses on assets of the Group’s insurance companies affect the measurement of liabilities under insurance contracts and/or the related deferred acquisition costs and/or the related intangible assets, these gains or losses are recognised directly in equity. The corresponding adjustment in the liabilities under insurance contracts (or in the deferred acquisition costs or in intangible assets) is also recognised in equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most significant items forming part of the technical provisions (see note 15) are detailed below:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non-life insurance provisions:</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i) Provision for unearned premiums: relates to the portion of the premiums received at year-end that is allocable to the period from the reporting date to the end of the policy cover period.</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii) Provisions for unexpired risks: this supplements the provision for unearned premiums to the extent that the amount of the latter is not sufficient to reflect all the assessed risks and expenses to be covered by the insurance companies in the policy period not elapsed at the reporting date.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Life insurance provisions: represent the value of the net obligations acquired vis-à-vis life insurance policyholders. These provisions include:</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i) Provision for unearned premiums and unexpired risks: this relates to the portion of the premiums received at year-end that is allocable to the period from the reporting date to the end of the policy cover period.</span></div><div style="margin-bottom:9pt;padding-left:17.01pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii) Mathematical provisions: these relate to the value of the insurance companies’ obligations, net of the policyholders’ obligations. These provisions are calculated on a policy-by-policy basis using an individual capitalisation system, taking as a basis for the calculation the premium accrued in the year, and in accordance with the technical bases of each type of insurance updated, where appropriate, by the local mortality tables.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Provision for claims outstanding: this reflects the total obligations outstanding arising from claims incurred prior to the reporting date. This provision is calculated as the difference between the total estimated or certain cost of the claims not yet reported, settled or paid and all the amounts already paid in relation to such claims.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Provision for bonuses and rebates: this provision includes the amount of the bonuses accruing to policyholders, insureds or beneficiaries and that of any premiums to be returned to policyholders or insureds, to the extent that such amounts have not been assigned at the reporting date. These amounts are calculated on the basis of the conditions of the related individual policies.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Technical provisions for life insurance policies where the investment risk is borne by the policyholders: these provisions are calculated on the basis of the indices established as a reference to determine the economic value of the policyholders’ rights.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Property Plant And Equipment Explanatory DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory	Tangible assets<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Tangible assets includes the amount of buildings, land, furniture, vehicles, computer hardware and other fixtures owned by the consolidated entities or acquired under finance leases. Tangible assets are classified by use as follows:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Property, plant and equipment for own use</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Property, plant and equipment for own use – including tangible assets received by the consolidated entities in full or partial satisfaction of financial assets representing receivables from third parties which are intended to be held for continuing use and tangible assets acquired under finance leases– are presented at acquisition cost, less the related accumulated depreciation and any estimated impairment losses (carrying amount higher than recoverable amount).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Depreciation is calculated, using the straight-line method, on the basis of the acquisition cost of the assets less their residual value. The land on which the buildings and other structures stand has an indefinite life and, therefore, is not depreciated.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The annual tangible asset depreciation charge is recognised in the consolidated income statement and are essentially equivalent to the following amortization percentages (determined based on the years of estimated useful life, on average, of the different elements):</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:64.332%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:33.468%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average<br/>annual rate</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Buildings for own use</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Office and IT equipment</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Lease use rights</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less than the lease<br/>term or the useful life<br/>of the underlying asset</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of each reporting period, consolidated entities assess whether there is any indication that the carrying amount of an asset exceeds its recoverable amount, in which case they write down the carrying amount of the asset to its recoverable amount and adjust future depreciation charges in proportion to its adjusted carrying amount and to its new remaining useful life, if the useful life needs to be re-estimated.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Similarly, if there is an indication of a recovery in the value of a tangible asset, the consolidated entities recognise the reversal of the impairment loss recognised in prior periods and adjust the future depreciation charges accordingly. In no circumstances may the reversal of an impairment loss on an asset raise its carrying amount above that which it would have if no impairment losses had been recognised in prior years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The estimated useful lives of the items of property, plant and equipment for own use are reviewed at least at the end of the reporting period with a view to detecting significant changes therein. If changes are detected, the useful lives of the assets are adjusted by correcting the depreciation charge to be recognised in the consolidated income statement in future years on the basis of the new useful lives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Upkeep and maintenance expenses relating to property, plant and equipment for own use are recognised as an expense in the period in which they are incurred, since they do not increase the useful lives of the assets.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Investment property</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Investment property' reflects the net values of the land, buildings and other structures held either to earn rentals or for obtaining profits by sales due to future increase in market prices.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria used to recognise the acquisition cost of investment property, to calculate its depreciation and its estimated useful life and to recognise any impairment losses thereon are consistent with those described in relation to property, plant and equipment for own use.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to evaluate the possible impairment Grupo Santander determines periodically the fair value of its investment property so that, at the end of the reporting period, the fair value reflects the market conditions of the investment property at that date. This fair value is determined annually, taking as benchmarks the valuations performed by independent experts. The methodology used to determine the fair value of investment property is selected based on the status of the asset in question; thus, for properties earmarked for lease, the valuations are performed using the sales comparison approach, whereas for leased properties the valuations are made primarily using the income capitalisation approach and, exceptionally, the sales comparison approach.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the sales comparison approach, the property market segment for comparable properties is analysed, inter alia, and, based on specific information on actual transactions and firm offers, current prices are obtained for cash sales of those properties. The valuations performed using this approach are considered as level 2 valuations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the income capitalisation approach, the cash flows estimated to be obtained over the useful life of the property are discounted taking into account factors that may influence the amount and actual obtainment thereof, such as: (i) the payments that are normally received on comparable properties; (ii) current and probable future occupancy; (iii) the current or foreseeable default rate on payments. The valuations performed using this approach are considered as Level 3 valuations, since significant unobservable inputs are used, such as current and probable future occupancy and/or the current or foreseeable default rate on payments.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Assets leased out under an operating lease</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Property, plant and equipment' - Leased out under an operating lease reflects the amount of the tangible assets, other than land and buildings, leased out by the Group under an operating lease.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria used to recognise the acquisition cost of assets leased out under operating leases, to calculate their depreciation and their respective estimated useful lives and to recognise the impairment losses thereon are consistent with those described in relation to property, plant and equipment for own use.</span></div>
CY2022	ifrs-full	Disclosure Of Depreciation And Amortisation Expense Explanatory DisclosureOfDepreciationAndAmortisationExpenseExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The annual tangible asset depreciation charge is recognised in the consolidated income statement and are essentially equivalent to the following amortization percentages (determined based on the years of estimated useful life, on average, of the different elements):</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:64.332%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:33.468%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average<br/>annual rate</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Buildings for own use</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Office and IT equipment</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Lease use rights</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less than the lease<br/>term or the useful life<br/>of the underlying asset</span></td></tr></table></div>
CY2022	ifrs-full	Description Of Accounting Policy For Leases Explanatory DescriptionOfAccountingPolicyForLeasesExplanatory	Accounting for leases<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main aspects contained in the regulation (IFRS 16) adopted by the Group are included below:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When the Group acts as lessee, it recognises a right-of-use asset representing its right to use the underlying leased asset with a corresponding lease liability on the date on which the leased asset is available for use by the Group. Each lease payment is allocated between the liability and the finance charge. The finance charge is allocated to the income statement during the term of the lease in such a way as to produce a constant periodic interest rate on the remaining balance of the liability for each year. The right-of-use asset is depreciated over the useful life of the asset or the lease term, whichever is shorter, on a straight-line basis. If the Group is reasonably certain to exercise a purchase option, the right-of-use asset is amortized over the useful life of the underlying asset. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Assets and liabilities arising from a lease are initially measured at present value. Lease liabilities include the net present value of the following lease payments:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Fixed payments (including inflation-linked payments), less any lease incentive receivable.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Variable lease payments that depend on an index or rate.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The amounts expected to be paid by the lessee under residual value guarantees.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The exercise price of a purchase option if the lessee is reasonably certain that it will exercise that option.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Lease termination penalty payments, if the term of the lease reflects the lessee's exercise of that option.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lease payments are discounted using the interest rate implicit in the lease. Given in certain situations this interest rate cannot be obtained, the discount rate used in this cases, is the lessee's incremental borrowing rate at the related date. For this purpose, the entity has calculated this incremental borrowing rate taking as reference the listed debt instruments issued by the Group; in this regard, the Group has estimated different interest rate curves depending on the currency and economic environment in which the contracts are located. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to construct the incremental borrowing rate, a methodology has been developed at the corporate level. This methodology is based on the need for each entity to consider its economic and financial situation, for which the following factors must be considered:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Economic and political situation (country risk).</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Credit risk of the company.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Monetary policy.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Volume and seniority of the company’s debt instrument issues.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The incremental borrowing rate is defined as the interest rate that a lessee would have to pay for borrowing, given a similar period to the duration of the lease and with similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. The Group entities have a wide stock and variety of financing instruments issued in different currencies to that of the euro (pound, dollar, etc.) that provide sufficient information to be able to determine an "all in rate" (reference rate plus adjustment for credit spread at different terms and in different currencies). In circumstances, where the leasing company has its own financing, this has been used as the starting point for determining the incremental borrowing rate. On the other hand, for those Grupo Santander entities that do not have their own financing, the information from the financing of the consolidated subgroup to which they belong was used as the starting point for estimating the entity's curve, analysing other factors to assess whether it is necessary to make any type of negative or positive adjustment to the initially estimated credit spread.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Right-of-use assets are valued at cost which includes the following:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The amount of the initial measurement of the lease liability.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Any lease payment made at or before the commencement date less any lease incentive received.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Any initial direct costs.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Restoration costs.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group recognises the payments associated with short-term leases and leases of low-value assets on a straight-line basis as an expense in the income statement. Short-term leases are leases with a lease term less than or equal to 12 months (a lease that contains a purchase option is not a short term lease).</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Intangible Assets And Goodwill Explanatory DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory	Intangible assets<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets are identifiable non-monetary assets (separable from other assets) without physical substance which arise as a result of a legal transaction or which are developed internally by the consolidated entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Only assets whose cost can be estimated reliably and from which the consolidated entities consider it probable that future economic benefits will be generated are recognised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets are recognised initially at acquisition or production cost and are subsequently measured at cost less any accumulated amortisation and any accumulated impairment losses.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Goodwill</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Any excess of the cost of the investments in the consolidated entities and entities accounted for using the equity method over the corresponding underlying carrying amounts acquired, adjusted at the date of first-time consolidation, is allocated as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">If it is attributable to specific assets and liabilities of the companies acquired, by increasing the value of the assets (or reducing the value of the liabilities) whose fair values were higher (lower) than the carrying amounts at which they had been recognised in the acquired entities’ balance sheets.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">If it is attributable to specific intangible assets, by recognising it explicitly in the consolidated balance sheet provided that the fair value of these assets within twelve months following the date of acquisition can be measured reliably.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The remaining amount is recognised as goodwill, which is allocated to one or more cash-generating units (CGU) (a cash-generating unit is the smallest identifiable group of assets that, as a result of continuing operation, generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets). The cash-generating units represent the Group’s geographical and/or business segments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Goodwill (only recognised when it has been acquired by consideration) represents, therefore, a payment made by the acquirer in anticipation of future economic benefits from assets of the acquired entity that are not capable of being individually identified and separately recognised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of each annual reporting period or whenever there is any indication of impairment goodwill is reviewed for impairment (i.e. a reduction in its recoverable amount to below its carrying amount) and, if there is any impairment, the goodwill is written down with a charge to 'Impairment or reversal of impairment on non-financial assets, net - Intangible assets' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">An impairment loss recognised for goodwill is not reversed in a subsequent period.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the event of sale or departure of an activity that is part of a CGU, the part of the goodwill that can be assigned to said activity would be written-off, taking as a reference the relative value of the same over the total of the CGU at the time of sale or abandonment. If applicable, the distribution by currency of the remaining goodwill will be performed based on the relative values of the remaining activities.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Other intangible assets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other intangible assets includes the amount of identifiable intangible assets, such as purchased customer lists and computer software.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other intangible assets can have an indefinite useful life -when, based on an analysis of all the relevant factors, it is concluded that there is no foreseeable limit to the period over which the asset is expected to generate net cash inflows for the consolidated entities- or a finite useful life, in all other cases.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets with indefinite useful lives are not amortised, but rather at the end of each reporting period or whenever there is any indication of impairment the consolidated entities review the remaining useful lives of the assets in order to determine whether they continue to be indefinite and, if this is not the case, to take the appropriate steps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Intangible assets with finite useful lives are amortised over those useful lives using methods similar to those used to depreciate tangible assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The intangible asset amortisation charge is recognised under 'Depreciation and amortisation' in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In both cases the consolidated entities recognise any impairment loss on the carrying amount of these assets with a charge to 'Impairment or reversal of impairment on non-financial assets, net - Intangible assets in the consolidated' income statement. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria used to recognise the impairment losses on these assets and, where applicable, the reversal of impairment losses recognised in prior years are similar to those used for tangible assets (see note 2.k).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Internally developed computer software</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Internally developed computer software is recognised as an intangible asset if, among other requisites (basically the Group’s ability to use or sell it), it can be identified and its ability to generate future economic benefits can be demonstrated.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Expenditure on research activities is recognised as an expense in the year in which it is incurred and cannot be subsequently capitalised into the carrying amount of the intangible asset.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Contingent Liabilities And Contingent Assets Explanatory DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory	Provisions and contingent liabilities (assets)<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When preparing the financial statements of the consolidated entities, Banco Santander’s directors made a distinction between:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Provisions: credit balances covering present obligations at the reporting date arising from past events which could give rise to a loss for the consolidated entities, which is considered to be likely to occur and certain as to its nature but uncertain as to its amount and/or timing.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Contingent liabilities: possible obligations that arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more future events not wholly within the control of the consolidated entities. They include the present obligations of the consolidated entities when it is not probable that an outflow of resources embodying economic benefits will be required to settle them. The Group does not recognise the contingent liability. The Group will disclose a contingent liability, unless the possibility of an outflow of resources embodying economic benefits is remote. </span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Contingent assets: possible assets that arise from past events and whose existence is conditional on, and will be confirmed only by, the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Group. Contingent assets are not recognised in the consolidated balance sheet or in the consolidated income statement, but rather are disclosed in the notes, provided that it is probable that these assets will give rise to an increase in resources embodying economic benefits.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander’s consolidated financial statements include all the material provisions with respect to which it is considered that it is more likely than not the obligation will have to be settled. In accordance with accounting standards, contingent liabilities must not be recognised in the consolidated financial statements, but must rather be disclosed in the Notes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Provisions (which are quantified on the basis of the best information available on the consequences of the event giving rise to them and are reviewed and adjusted at the end of each year) are used to cater for the specific obligations for which they were originally recognised. Provisions are fully or partially reversed when such obligations cease to exist or are reduced.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Provisions are classified according to the obligations covered as follows (see note 25):</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Provision for pensions and similar obligations: includes the amount of all the provisions made to cover post-employment benefits, including obligations to pre-retirees and similar obligations.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Provisions for contingent liabilities and commitments: include the amount of the provisions made to cover contingent liabilities -defined as those transactions in which the Group guarantees the obligations of a third party, arising as a result of financial guarantees granted or contracts of another kind- and contingent commitments -defined as irrevocable commitments that may give rise to the recognition of financial assets.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Provisions for taxes and other legal contingencies and Other provisions: include the amount of the provisions recognised to cover tax and legal contingencies and litigation and the other provisions recognised by the consolidated entities. Other provisions includes, inter alia, any provisions for restructuring costs and environmental measures.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Treasury Shares Explanatory DescriptionOfAccountingPolicyForTreasurySharesExplanatory	Own equity instruments<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Own equity instruments are those meeting both of the following conditions:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The instruments do not include any contractual obligation for the issuer (i) to deliver cash or another financial asset to a third party; or (ii) to exchange financial assets or financial liabilities with a third party under conditions that are potentially unfavourable to the issuer.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The instruments will or may be settled in the issuer’s own equity instruments and are: (i) a non-derivative that includes no contractual obligation for the issuer to deliver a variable number of its own equity instruments; or (ii) a derivative that will be settled by the issuer through the exchange of a fixed amount of cash or another financial asset for a fixed number of its own equity instruments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Transactions involving own equity instruments, including their issuance and cancellation, are charged directly to equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Changes in the value of instruments classified as own equity instruments are not recognised in the consolidated financial statements. Consideration received or paid in exchange for such instruments, including the coupons on preference shares contingently convertible into ordinary shares and the coupons associated with CCPP, is directly added to or deducted from equity.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Sharebased Payment Transactions Explanatory DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory	Equity-instrument-based employee remuneration<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Own equity instruments delivered to employees in consideration for their services, if the instruments are delivered once the specific period of service has ended, are recognised as an expense for services (with the corresponding increase in equity) as the services are rendered by employees during the service period. At the grant date the services received (and the related increase in equity) are measured at the fair value of the equity instruments granted. If the equity instruments granted are vested immediately, Grupo Santander recognises in full, at the grant date, the expense for the services received.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When the requirements stipulated in the remuneration agreement include external market conditions (such as equity instruments reaching a certain quoted price), the amount ultimately to be recognised in equity will depend on the other conditions being met by the employees (normally length of service requirements), irrespective of whether the market conditions are satisfied. If the conditions of the agreement are met but the external market conditions are not satisfied, the amounts previously recognised in equity are not reversed, even if the employees do not exercise their right to receive the equity instruments.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Financial Guarantees Explanatory DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory	Financial guarantees<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial guarantees are considered contracts that require the issuer to make specific payments to reimburse the creditor for the loss it incurs when a specific debtor defaults on its due date payment obligation in accordance with the original or modified conditions of debt instrument, regardless of its legal form, which may be, among others, a deposit, financial guarantee, insurance contract or credit derivative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander initially recognises the financial guarantees provided on the liability side of the consolidated balance sheet at fair value, which is generally the present value of the fees, commissions and interest receivable from these contracts over the term thereof, and simultaneously the Group recognises the amount of the fees, commissions and similar interest received at the inception of the transactions and a credit on the asset side of the consolidated balance sheet for the present value of the fees, commissions and interest outstanding.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial guarantees, regardless of the guarantor, instrumentation or other circumstances, are reviewed periodically so as to determine the credit risk to which they are exposed and, if appropriate, to consider whether a provision is required. The credit risk is determined by application of criteria similar to those established for quantifying impairment losses on debt instruments carried at amortised cost (described in note 2.g above).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions made for these transactions are recognised under 'Provisions - Provisions for commitments and guarantees given in the consolidated balance sheet' (see note 25). These provisions are recognised and reversed with a charge or credit, respectively, to 'Provisions or reversal of provisions', net, in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If a specific provision is required for financial guarantees, the related unearned commissions recognised under 'Financial liabilities at amortised cost - Other financial liabilities in the consolidated balance sheet', are reclassified to the appropriate provision.</span></div>
CY2022	ifrs-full	Description Of Accounting Policy For Employee Benefits Explanatory DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory	Post-employment benefits<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Under the collective agreements currently in force and other arrangements, the Spanish banks included in the Group and certain other Spanish and foreign consolidated entities have undertaken to supplement the public social security system benefits accruing to certain employees, and to their beneficiary right holders, for retirement, permanent disability or death, and the post-employment welfare benefits.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's post-employment obligations to its employees are deemed to be defined contribution plans when the Group makes pre-determined contributions (recognised under Personnel expenses in the consolidated income statement) to a separate entity and will have no legal or effective obligation to make further contributions if the separate entity cannot pay the employee benefits relating to the service rendered in the current and prior periods. Post-employment obligations that do not meet the aforementioned conditions are classified as defined benefit plans (see note 25).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Defined contribution plans</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The contributions made in this connection in each year are recognised under 'Personnel expenses' in the consolidated income statement. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amounts not yet contributed at each year-end are recognised, at their present value, under 'Provisions - Provision for pensions' and similar obligations on the liability side of the consolidated balance sheet.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Defined benefit plans</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander recognises under 'Provisions - Provision for pensions and similar obligations on the liability side of the consolidated balance sheet' (or under 'Other assets' on the asset side, as appropriate) the present value of its defined benefit post-employment obligations, net of the fair value of the plan assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Plan assets are defined as those that will be directly used to settle obligations and that meet the following conditions:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">They are not owned by the consolidated entities, but by a legally separate third party that is not a party related to the Group.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">They are only available to pay or fund post-employment benefits and they cannot be returned to the consolidated entities unless the assets remaining in the plan are sufficient to meet all the benefit obligations of the plan and of the entity to current and former employees, or they are returned to reimburse employee benefits already paid by Grupo Santander.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If Grupo Santander can look to an insurer to pay part or all of the expenditure required to settle a defined benefit obligation, and it is practically certain that said insurer will reimburse some or all of the expenditure required to settle that obligation, but the insurance policy does not qualify as a plan asset, the Group recognises its right to reimbursement -which, in all other respects, is treated as a plan asset- under 'Insurance contracts linked to pensions' on the asset side of the consolidated balance sheet.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander will recognise the following items in the income statement:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Current service cost, (the increase in the present value of the obligations resulting from employee service in the current period), is recognised under 'Staff costs'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The past service cost, which arises from changes to existing post-employment benefits or from the introduction of new benefits and includes the cost of reductions, is recognised under 'Provisions or reversal of provisions'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Any gain or loss arising from a liquidation of the plan is included in the Provisions or reversion of provisions.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Net interest on the net defined benefit liability (asset), i.e. the change during the period in the net defined benefit liability (asset) that arises from the passage of time, is recognised under 'Interest expense' and similar charges ('Interest and similar income' if it constitutes income) in the consolidated income statement.</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The remeasurement of the net defined benefit liability (asset) is recognised in 'Other comprehensive income' under Items not reclassified to profit or loss and includes:</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Actuarial gains and losses generated in the year, arising from the differences between the previous actuarial assumptions and what has actually occurred and from the effects of changes in actuarial assumptions.</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">The return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset).</span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">▪</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.37pt">Any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset).</span></div>Other long-term employee benefitsOther long-term employee benefits, defined as obligations to pre-retirees -taken to be those who have ceased to render services at the entity but who, without being legally retired, continue to have economic rights vis-à-vis the entity until they acquire the legal status of retiree-, long-service bonuses, obligations for death of spouse or disability before retirement that depend on the employee’s length of service at the entity and other similar items, are treated for accounting purposes, where applicable, as established above for defined benefit post-employment plans, except that actuarial gains and losses are recognised under 'Provisions or reversal of provisions', net, in the consolidated income statement (see note 25).Termination benefitsTermination benefits are recognised when there is a detailed formal plan identifying the basic changes to be made, provided that implementation of the plan has begun, its main features have been publicly announced or objective facts concerning its implementation have been disclosed.
CY2022	ifrs-full	Description Of Accounting Policy For Income Tax Explanatory DescriptionOfAccountingPolicyForIncomeTaxExplanatory	Income taxThe expense for Spanish income tax and other similar taxes applicable to the foreign consolidated entities is recognised in the consolidated income statement, except when they arise from a transaction whose results are recognised directly in equity, in which case the related tax effect is recognised in equity.<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The current income tax expense is calculated as the sum of the current tax resulting from application of the appropriate tax rate to the taxable profit for the year (net of any deductions allowable for tax purposes), and of the changes in deferred tax assets and liabilities recognised in the consolidated income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Deferred tax assets' and liabilities include temporary differences, which are identified as the amounts expected to be payable or recoverable on differences between the carrying amounts of assets and liabilities and their related tax bases, and tax loss and tax credit carryforwards. These amounts are measured at the tax rates that are expected to apply in the period when the asset is realised or the liability is settled.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Tax assets' include the amount of all tax assets, which are broken down into current -amounts of tax to be recovered within the next twelve months- and deferred -amounts of tax to be recovered in future years, including those arising from tax loss or tax credit carryforwards.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Tax liabilities' includes the amount of all tax liabilities (except provisions for taxes), which are broken down into current -the amount payable in respect of the income tax on the taxable profit for the year and other taxes in the next twelve months- and deferred -the amount of income tax payable in future years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Deferred tax liabilities are recognised in respect of taxable temporary differences associated with investments in subsidiaries, associates or joint ventures, except when the Group is able to control the timing of the reversal of the temporary difference and, in addition, it is probable that the temporary difference will not reverse in the foreseeable future. In this regard, no deferred tax liabilities of EUR 374.6 million were recognised in relation to the taxation that would arise from the undistributed earnings of certain Group holding companies, in accordance with the legislation applicable in those jurisdictions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Deferred tax assets are only recognised for temporary differences to the extent that it is considered probable that the consolidated entities will have sufficient future taxable profits against which the deferred tax assets can be utilised, and the deferred tax assets do not arise from the initial recognition (except in a business combination) of other assets and liabilities in a transaction that affects neither taxable profit nor accounting profit. Other deferred tax assets (tax loss and tax credit carryforwards) are only recognised if it is considered probable that the consolidated entities will have sufficient future taxable profits against which they can be utilised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Differences generated by the different accounting and tax treatment of any of the income and expenses recorded directly in equity to be paid or recovered in the future are accounted for as temporary differences.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deferred tax assets and liabilities are reassessed at the reporting date in order to ascertain whether any adjustments need to be made on the basis of the findings of the analyses performed.</span></div>
CY2022Q4	san	Unrecognised Deferred Tax Liabilities Taxation That Would Arise From Undistributed Earnings UnrecognisedDeferredTaxLiabilitiesTaxationThatWouldAriseFromUndistributedEarnings	374600000	eur
CY2022	ifrs-full	Description Of Accounting Policy For Cash Flows Explanatory DescriptionOfAccountingPolicyForCashFlowsExplanatory	Consolidated statement of cash flows<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following terms are used in the consolidated statements of cash flows with the meanings specified:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Cash flows: inflows and outflows of cash and cash equivalents, which are short-term, highly liquid investments that are subject to an insignificant risk of changes in value, irrespective of the portfolio in which they are classified.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander classifies as cash and cash equivalents the balances recognised under 'Cash, cash balances at central banks' and 'Other deposits on demand' in the consolidated balance sheet.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Operating activities: the principal revenue-producing activities of credit institutions and other activities that are not investing or financing activities.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Investing activities: the acquisition and disposal of long-term assets and other investments not included in cash and cash equivalents.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Financing activities: activities that result in changes in the size and composition of the equity and liabilities that are not operating activities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2022 Grupo Santander received interest amounting to EUR 69,282 million (EUR 48,081 and EUR 43,953 in 2021 and 2020, respectively) and paid interest amounting to EUR 23,390 million (EUR 12,738 and EUR 13,690 in 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, dividends received and paid by the Group are detailed in notes 4, 28 and 40, including dividends paid to minority interests (non-controlling interests).</span></div>
CY2022	ifrs-full	Interest Received Classified As Operating Activities InterestReceivedClassifiedAsOperatingActivities	69282000000	eur
CY2021	ifrs-full	Interest Received Classified As Operating Activities InterestReceivedClassifiedAsOperatingActivities	48081000000	eur
CY2020	ifrs-full	Interest Received Classified As Operating Activities InterestReceivedClassifiedAsOperatingActivities	43953000000	eur
CY2022	ifrs-full	Interest Paid Classified As Operating Activities InterestPaidClassifiedAsOperatingActivities	23390000000	eur
CY2021	ifrs-full	Interest Paid Classified As Operating Activities InterestPaidClassifiedAsOperatingActivities	12738000000	eur
CY2020	ifrs-full	Interest Paid Classified As Operating Activities InterestPaidClassifiedAsOperatingActivities	13690000000	eur
CY2022	ifrs-full	Disclosure Of Business Combinations Explanatory DisclosureOfBusinessCombinationsExplanatory	Grupo Santander<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Banco Santander, S.A., and international Group structure</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The growth of Grupo Santander in the last decades has led Banco Santander to also act, in practice, as a holding entity of the shares of the various companies in its Group, and its results are becoming progressively less representative of the performance and earnings of the Group. Therefore, each year the bank determines the amount of the dividends to be distributed to its shareholders on the basis of the consolidated net profit, while maintaining the Group’s objectives of capitalisation and taking into account that the transactions of the Bank and of the rest of the Group are managed on a consolidated basis (notwithstanding the allocation to each company of the related net worth effect).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the international level, the various banks and other subsidiaries, joint ventures and associates of the Group are integrated in a corporate structure comprising various holding companies which are the ultimate shareholders of the banks and subsidiaries abroad.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The purpose of this structure, all of which is controlled Banco Santander, is to optimise the international organisation from the strategic, economic, financial and tax standpoints, since it makes it possible to define the most appropriate units to be entrusted with acquiring, selling or holding stakes in other international entities, the most appropriate financing method for these transactions and the most appropriate means of remitting the profits obtained by the group’s various operating units to Spain.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Appendices provide relevant data on the consolidated group companies and on the companies accounted for using the equity method.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Acquisitions and disposals</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a summary of the main acquisitions and disposals of ownership interests in the share capital of other entities and other significant corporate transactions performed in the last three years or pending to be completed:</span></div><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">i.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%;padding-left:4.35pt">Tender offer for shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 21 October 2022, Banco Santander, S.A. ('Banco Santander') announced that it intends to make concurrent cash tender offers to acquire all of the shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México ('Santander Mexico') in Mexico (Series B shares) and United States (American Depositary Shares ('ADSs')) which are not owned by Grupo Santander, which amount to approximately 3.76% of Santander Mexico’s share capital.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The offers were launched on 7 February 2023 and will be settled on 13 March, 2023. The shareholders who tender their shares in the offer will receive 24.52 Mexican pesos (approximately 1.20 euro) in cash per Santander Mexico share (and the US dollar equivalent of 122.6 Mexican pesos in cash per ADS based on the US dollar/Mexican peso exchange rate on the expiration date of 8 March, 2023), which corresponds to the book value of each Santander Mexico Share in accordance with Santander Mexico’s quarterly report for the fourth quarter of 2022 according to applicable law.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following the tender offers, Banco Santander intends to (a) cancel the registration of the Series B Shares in the National Securities Registry of the Mexican National Banking and Securities Commission ('CNBV') and delist such Series B Shares from the Mexican Stock Exchange ('BMV'), and (b) remove the ADSs from listing on the New York Stock Exchange and the Series B Shares from registration with the US Securities and Exchange Commission ('SEC') in the United States. Such cancellation has been approved by Santander Mexico's share capital at an extraordinary general shareholders' meeting held on 30 November 2022, with the favourable vote of the holders of the shares representing more than 95% of Santander Mexico’s shares, as required by applicable law.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Consummation of the offers is subject to certain conditions, including the absence of any material adverse change in the financial condition, results of operations or prospects of Santander Mexico.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Agreement to acquire a significant holding in Ebury Partners Limited </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 28 April 2020, the investment announced on 4 November 2019 in Ebury, a payments and foreign exchange platform for SMEs, was completed. The transaction involved a total disbursement of GBP 357 million (EUR 409 million) of which GBP 70 million (approximately EUR 80 million) was for new shares. By the end of 2019, the Group had already acquired 6.4% of the company for GBP 40 million (approximately EUR 45 million). Following the disbursement made in April 2020, which gave the Group 50.38% of the economic rights of the company, without the conditions to obtain control being met, this interest was recorded under 'Investments - Associated entities' in the consolidated balance sheet.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In April 2022 Grupo Santander acquired a new package of shares for GBP 113 million (EUR 135 million) and subscribed in full to a new capital increase, paying an additional GBP 60 million (EUR 72 million). Following these transactions, the Group holds 66.54% of the economic rights and control of the company. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The total value of the net assets identified in the business combination amounted to EUR 413 million, mainly intangible assets (IT developments, customer lists and brand) and resulted in the recognition of goodwill of EUR 316 million. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">No gain or loss was recorded for the difference between the book value and the fair value of the previous holding as this difference was not significant.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount contributed by this business to the Group's net attributable profit since the date of acquisition is immaterial. Similarly, the result that this business would have contributed to the Group if the transaction had been carried out on 1 January 2022 would also have been immaterial.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Purchase by SHUSA for shares of Santander Consumer USA</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In August 2021 Santander Holdings USA, Inc. ('SHUSA') and Santander Consumer USA Holdings Inc. ('SC') entered into a definitive agreement pursuant to which SHUSA acquired all outstanding shares of common stock of SC not already owned by SHUSA via an all-cash tender offer (the 'Tender Offer') for USD 41.50 per SC common share (the 'Offer Price'), followed by a second-step consisting of a merge (together with the Offer, the 'Transaction') in which a wholly owned subsidiary of SHUSA was merged with and into SC, with SC surviving as a wholly owned subsidiary of SHUSA, and all outstanding shares of common stock of SC not tendered in the Tender Offer were converted into the right to receive the Offer Price in cash. The Offer Price represented a 14% premium to the closing price of SC common stock of USD 36.43 as of 1 July 2021, the last day prior to the announcement of SHUSA’s initial offer to acquire the remaining outstanding shares of SC’s common stock.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 31 January 2022, after completion of the customary closing conditions, the Transaction was performed and SHUSA increased its share up to the 100% of SC's common stock. The transaction has meant a disbursement of USD 2,510 million (around EUR 2,239 million) for the Group, with a decrease of reserves of EUR 487 million and a decrease of EUR 1,752 million of minority interests. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Acquisition of Amherst Pierpont Securities LLC, a US fixed-income broker dealer</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 15 July 2021, Santander Holdings USA, Inc. reached an agreement to acquire Amherst Pierpont Securities LLC, a market-leading independent fixed-income and structured products broker dealer, through the acquisition of its parent holding company, Pierpont Capital Holdings LLC, for a total consideration of approximately USD 450 million (around EUR 405 million). The operation was closed on 11 April 2022 once the pertinent regulatory approvals have been obtained. Immediately after the acquisition, SHUSA has lent financing to the company for an amount of USD 163 million (approximately EUR 147 million), which the company will use to cancel debt with third parties. Amherst Pierpont Securities LLC will become part of Santander Corporate & Investment Banking (Santander CIB) Global business line. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The business combination meant the recognition of a goodwill of EUR 158 million and EUR 24 million of intangible assets (mainly relationships with customers) identified in the purchase price allocation, without other relevant value adjustments to net assets of the business.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount contributed by this business to the group net attributable profit since the date of acquisition is not material. Similarly, the result that this business would have brought to the group if the transaction had been carried out on January 1, 2022 is also immaterial. </span></div><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">v. Tender offer for shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 26 March 2021, Banco Santander, S.A. announced its intention to make a tender offer for all shares of Banco Santander Mexico, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México ('Santander México') that were not owned by Grupo Santander (8.3% of the share capital of Santander México at that time). The announcement was subsequently supplemented by other publications on 24 May, 8 June and 28 October 2021, in which amendments to some of the terms of the offer were announced. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The offer was finally launched on 3 November 2021 and was settled on 10 December. Banco Santander accepted all of the Santander Mexico Shares and Santander Mexico American Depositary Share (ADS) (securities listed on the New York Stock Exchange, each representing 5 shares of Santander Mexico) tendered and not withdrawn representing approximately 4.5% of the share capital of Santander México. After the transaction, Grupo Santander holds approximately 96.2% of Santander México share capital.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The shareholders who tendered their shares in the offer received MXN 26.5 (approximately EUR 1) per share of Santander México and USD 6.2486 in cash per each ADS (the USD equivalent of MXN 132.50 per ADS based on the USD/MXN exchange rate on the expiration date of 7 December 2021) which meant a disbursement of approximately EUR 335 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This transaction entailed a decrease of reserves of EUR 41 million and a decrease of EUR 294 million of minority interests. </span></div></div><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">vi. Reorganization of the banking insurance business, asset management and pension plans in Spain </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 24 June 2019, Banco Santander, S.A., reached an agreement with the Allianz Group to terminate the agreement that Banco Popular Español, S.A.U. ('Banco Popular') held in Spain with the Allianz Group for the exclusive distribution of certain life insurance products, non-life insurance products, collective investment institutions (IIC), and pension plans through the Banco Popular network (the 'Agreement'). Under this Agreement, the Group held a 40% stake in the capital of Popular Spain Holding de Inversiones, S.L.U., classified as investments in joint ventures and associated entities for an overall amount of EUR 409 million on 31 December 2019. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Agreement was executed on 15 January 2020 for the non-life business and on 31 January 2020 for the remaining businesses, once the regulatory authorisations were obtained in the first half of 2020. The execution of the Termination Agreement entailed the payment by Banco Santander of a total consideration of EUR 859 million (after deducting the dividends paid until the end of the operation) and the acquisition of the remaining 60% of the capital of Popular Spain Holding de Inversiones, S.L.U.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 10 July, 51% of the life-risk insurance business held by Banco Santander and the 51% of the new General Insurance business from Banco Popular's network not transferred to Mapfre (in accordance with the agreement indicated below) was acquired by Aegon, valuing these businesses at a total of approximately EUR 557 million. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The total amount of the life-savings business, collective investment institutions and pension plans is EUR 711 million and has resulted in the recognition of EUR 271 million of goodwill. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, under the agreement reached between Banco Santander and Mapfre on 21 January 2019, 50.01% of the car, commercial multi-risk, SME multi-risk and corporate liability insurance business in the whole network of Banco Santander in Spain was acquired by Mapfre on 25 June 2019 amounting to EUR 82 million.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">c) Offshore entities</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Spanish regulation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">According to current Spanish regulation (Law 11/2021, of 9 July, Royal Decree 1080/1991, of 5 July and Order HFP/115/2023, of 9 February), Santander has one subsidiary and three branches in the non-cooperative jurisdictions of Jersey, the Isle of Man and the Cayman Islands (offshore entities). Santander also has two other subsidiaries incorporated in non-cooperative jurisdictions that are tax resident in the UK and subject to British tax law. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Offshore subsidiaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the reporting date, Grupo Santander has only one subsidiary resident in Jersey, Abbey National International Limited, with activity of services. In 2022, this subsidiary has contributed to Santander’s consolidated profit with immaterial losses and has no employees. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Offshore branches</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander also has three offshore branches in the Cayman Islands, the Isle of Man and Jersey. They report to, and consolidate balance sheets and income statements with, their foreign headquarters. They are taxed either with their headquarters (the Cayman Islands branch in Brazil) or in the territories they are located in (Jersey and Isle of Man, pertain to the UK). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These three offshore branches have a total of 155 employees as of December 2022.</span></div><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Subsidiaries in non-cooperative jurisdictions that are tax resident in the United Kingdom</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander also has two subsidiaries that were incorporated in offshore jurisdictions (one in Bermuda without activity and one in Guernsey with leasing activity) but are not deemed offshore entities because they only operate from and are tax resident in the UK and, thus, are subject to British tax law.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Additionally, a subsidiary incorporated in Guernsey but tax resident in the UK was liquidated in 2022.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Other offshore holdings</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">From Brazil, Grupo Santander manages Santander Brazil Global Investment Fund SPC, a segregated portfolio company located in the Cayman Islands. Grupo Santander also has other non-controlling financial interest of a reduced amount in entities located in non-cooperative jurisdictions.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%"> The European Union (EU)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of February 2023, the EU blacklist comprises 16 jurisdictions where Santander is only present in The Bahamas. In this jurisdiction, Santander has two banks without third-party activity, Santander Bank & Trust Ltd. and Santander Investment Bank Limited, and one branch of the Swiss bank Banco Santander International SA. </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%">These three entities have a total of 27 employees as of December 2022.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, the EU grey list comprises 18 jurisdictions which have sufficiently committed to adapt their legislation to international standards, subject to monitoring by the EU. Within these jurisdictions, Santander is mainly present in Hong Kong through a branch.</span></div><div style="margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Organization for Economic Cooperation and Development (OECD)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander is not present in any jurisdictions non-compliant with both OECD standards on transparency and exchange of information for tax purposes (Automatic exchange of information standard -AEOI- and Exchange of information on request standard -EOIR-) according to the last annual report of the OECD Global forum on transparency and exchange of information for tax purposes released in November 2022.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">However, the Group is present in The Bahamas and Chile. Although these territories have complete legal and regulatory frameworks in place for the application of the AEOI standard, they need to improve the effectiveness of this standard. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group's presence in offshore territories at the end of 2022 is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:25.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.702%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.702%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.702%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.557%"/><td style="width:0.1%"/></tr><tr style="height:25pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Presence of the Group in non-cooperative jurisdictions</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Spanish legislation</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Council of the EU blacklist</span></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">OECD</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">a</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sub.</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Branch</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sub.</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Branch</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Sub.</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Branch</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Jersey</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Isle of Man</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Guernsey</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">b</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Bermuda</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">b</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cayman Islands</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">The Bahamas</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">c</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">a</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:7.84pt">Jurisdictions non-compliant with both OECD standards on transparency and exchange of information for tax purposes (AEOI and EOIR). Jersey, the Isle of Man and the Cayman Islands continue to fully comply with both OECD standards.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">b</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:7.59pt">Additionally, there is one subsidiary constituted in Guernsey and one in Bermuda, but residents for tax purposes in the UK.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">c</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:8.33pt">In 2021 The Bahamas was not included in the EU blacklist. One subsidiary in The Bahamas was merged in 2022.</span></div><div><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has the right mechanisms (risk management, supervision, verification and review plans, and regular reporting) to prevent reputational, tax and legal risk in entities resident in non-cooperative jurisdictions. Grupo Santander also maintains its policy of reducing the number of these entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">PwC (PricewaterhouseCoopers) member firms audited the financial statements of Grupo Santander’s offshore entities in 2022, 2021 and 2020.</span></div>
CY2022	san	Number Of Subsidiaries Tax Resident In The Uk NumberOfSubsidiariesTaxResidentInTheUK	2	subsidiary
CY2023Q1	san	Number Of Jurisdictions Within E Us Blacklist NumberOfJurisdictionsWithinEUsBlacklist	16	jurisdiction
CY2023Q1	san	Number Of Jurisdictions Within E Us Grey List NumberOfJurisdictionsWithinEUsGreyList	18	jurisdiction
	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	3829000000	eur
	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	69000000	eur
	ifrs-full	Dividends Paid DividendsPaid	0	eur
	san	Dividends Maximum Amount Distributable DividendsMaximumAmountDistributable	3760000000	eur
CY2022Q3	ifrs-full	Cash And Cash Equivalents CashAndCashEquivalents	130519000000	eur
CY2022	ifrs-full	Earnings Per Share Explanatory EarningsPerShareExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Accordingly:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:243.00pt"><tr><td style="width:1.0pt"/><td style="width:76.75pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:52.75pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:52.75pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:52.75pt"/><td style="width:1.0pt"/></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt 0 8.09pt;text-indent:-7.09pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2020</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Profit (Loss) attributable to the Parent (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,605 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8,124</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8,771)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:26pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Remuneration of PPCC and PPCA (EUR million) (note 23)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(529)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(566)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(552)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,076 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(9,323)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:41pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Profit (Loss) from discontinued operations (non controlling interest net) (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:56pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Profit (Loss) from continuing operations (non-controlling interest and PPCC and PPCA net) <br/>(EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">9,076 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">7,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(9,323)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:26pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Weighted average number of shares outstanding</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">16,848,344,667 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,272,055,430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,316,288,908 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Adjusted number of shares</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">16,848,344,667 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,272,055,430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,316,288,908 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Basic earnings (Loss) per share (euros)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.539</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(0.538)</span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:26pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Of which, from discounted operations (euros)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:33pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Basic earnings (Loss) per share from continuing operations (euros)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.539</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(0.538)</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Accordingly, diluted earnings/loss per share were determined as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:243.00pt"><tr><td style="width:1.0pt"/><td style="width:76.75pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:52.75pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:52.75pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:52.75pt"/><td style="width:1.0pt"/></tr><tr style="height:11pt"><td colspan="3" style="padding:0 8.09pt 0 1pt;text-indent:-7.09pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2020</span></td></tr><tr style="height:26pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Profit (Loss) attributable to the Parent (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,605 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8,124 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8,771)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:26pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Remuneration of PPCC and PPCA (EUR million) (Note 23)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(529)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(566)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(552)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:41pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Dilutive effect of changes in profit for the period arising from potential conversion of ordinary shares</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,076 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(9,323)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:48pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Profit (Loss) from discontinued operations (net of non-controlling interests) (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:56pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Profit (Loss) from continuing operations (net of non-controlling interests and PPCC and PPCA) (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">9,076 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">7,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(9,323)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:26pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Weighted average number of shares outstanding</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">16,848,344,667 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,272,055,430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,316,288,908 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Dilutive effect of options/rights on shares</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">55,316,206 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48,972,459 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Not applicable</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Adjusted number of shares</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">16,903,660,873 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,321,027,889 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">17,316,288,908 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:18pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Diluted earnings (Loss) per share (euros)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.436</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(0.538)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:26pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Of which, from discounted operations (euros)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:33pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Diluted earnings (Loss) per share from continuing operations (euros)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">0.436</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(0.538)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	9605000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	8124000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	-8771000000	eur
CY2022	san	Adjustment To Profit Loss For Remuneration Of Contingently Convertible Preferred Securities AdjustmentToProfitLossForRemunerationOfContingentlyConvertiblePreferredSecurities	-529000000	eur
CY2021	san	Adjustment To Profit Loss For Remuneration Of Contingently Convertible Preferred Securities AdjustmentToProfitLossForRemunerationOfContingentlyConvertiblePreferredSecurities	-566000000	eur
CY2020	san	Adjustment To Profit Loss For Remuneration Of Contingently Convertible Preferred Securities AdjustmentToProfitLossForRemunerationOfContingentlyConvertiblePreferredSecurities	-552000000	eur
CY2022	ifrs-full	Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity	9076000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity	7558000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity	-9323000000	eur
CY2022	ifrs-full	Profit Loss From Discontinued Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	0	eur
CY2021	ifrs-full	Profit Loss From Discontinued Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	0	eur
CY2020	ifrs-full	Profit Loss From Discontinued Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	0	eur
CY2022	ifrs-full	Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	9076000000	eur
CY2021	ifrs-full	Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	7558000000	eur
CY2020	ifrs-full	Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	-9323000000	eur
CY2022	ifrs-full	Weighted Average Shares WeightedAverageShares	16848344667	shares
CY2021	ifrs-full	Weighted Average Shares WeightedAverageShares	17272055430	shares
CY2020	ifrs-full	Weighted Average Shares WeightedAverageShares	17316288908	shares
CY2022	ifrs-full	Adjusted Weighted Average Shares AdjustedWeightedAverageShares	16848344667	shares
CY2021	ifrs-full	Adjusted Weighted Average Shares AdjustedWeightedAverageShares	17272055430	shares
CY2020	ifrs-full	Adjusted Weighted Average Shares AdjustedWeightedAverageShares	17316288908	shares
CY2022	ifrs-full	Basic Earnings Loss Per Share BasicEarningsLossPerShare	0.539
CY2021	ifrs-full	Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	7558000000	eur
CY2021	ifrs-full	Basic Earnings Loss Per Share BasicEarningsLossPerShare	0.438
CY2020	ifrs-full	Basic Earnings Loss Per Share BasicEarningsLossPerShare	-0.538
CY2022	ifrs-full	Basic Earnings Loss Per Share From Discontinued Operations BasicEarningsLossPerShareFromDiscontinuedOperations	0
CY2021	ifrs-full	Basic Earnings Loss Per Share From Discontinued Operations BasicEarningsLossPerShareFromDiscontinuedOperations	0
CY2020	ifrs-full	Basic Earnings Loss Per Share From Discontinued Operations BasicEarningsLossPerShareFromDiscontinuedOperations	0
CY2022	ifrs-full	Basic Earnings Loss Per Share From Continuing Operations BasicEarningsLossPerShareFromContinuingOperations	0.539
CY2021	ifrs-full	Basic Earnings Loss Per Share From Continuing Operations BasicEarningsLossPerShareFromContinuingOperations	0.438
CY2020	ifrs-full	Basic Earnings Loss Per Share From Continuing Operations BasicEarningsLossPerShareFromContinuingOperations	-0.538
CY2022	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	9605000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	8124000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	-8771000000	eur
CY2022	san	Adjustment To Profit Loss For Remuneration Of Contingently Convertible Preferred Securities AdjustmentToProfitLossForRemunerationOfContingentlyConvertiblePreferredSecurities	-529000000	eur
CY2021	san	Adjustment To Profit Loss For Remuneration Of Contingently Convertible Preferred Securities AdjustmentToProfitLossForRemunerationOfContingentlyConvertiblePreferredSecurities	-566000000	eur
CY2020	san	Adjustment To Profit Loss For Remuneration Of Contingently Convertible Preferred Securities AdjustmentToProfitLossForRemunerationOfContingentlyConvertiblePreferredSecurities	-552000000	eur
CY2022	san	Dilutive Effect Of Potential Conversion Of Ordinary Shares DilutiveEffectOfPotentialConversionOfOrdinaryShares	0	eur
CY2021	san	Dilutive Effect Of Potential Conversion Of Ordinary Shares DilutiveEffectOfPotentialConversionOfOrdinaryShares	0	eur
CY2020	san	Dilutive Effect Of Potential Conversion Of Ordinary Shares DilutiveEffectOfPotentialConversionOfOrdinaryShares	0	eur
CY2022	ifrs-full	Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	9076000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	-9323000000	eur
CY2022	ifrs-full	Profit Loss From Discontinued Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	0	eur
CY2021	ifrs-full	Profit Loss From Discontinued Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	0	eur
CY2020	ifrs-full	Profit Loss From Discontinued Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	0	eur
CY2022	ifrs-full	Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	9076000000	eur
CY2021	ifrs-full	Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	7558000000	eur
CY2020	ifrs-full	Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects	-9323000000	eur
CY2022	ifrs-full	Weighted Average Shares WeightedAverageShares	16848344667	shares
CY2021	ifrs-full	Weighted Average Shares WeightedAverageShares	17272055430	shares
CY2020	ifrs-full	Weighted Average Shares WeightedAverageShares	17316288908	shares
CY2022	san	Dilutive Effect Of Share Options And Share Rights On Number Of Ordinary Shares DilutiveEffectOfShareOptionsAndShareRightsOnNumberOfOrdinaryShares	55316206	shares
CY2021	san	Dilutive Effect Of Share Options And Share Rights On Number Of Ordinary Shares DilutiveEffectOfShareOptionsAndShareRightsOnNumberOfOrdinaryShares	48972459	shares
CY2022	san	Adjusted Weighted Average Number Of Ordinary Shares Outstanding Including Dilutive Effect Of Options And Rights On Shares AdjustedWeightedAverageNumberOfOrdinarySharesOutstandingIncludingDilutiveEffectOfOptionsAndRightsOnShares	16903660873	shares
CY2021	san	Adjusted Weighted Average Number Of Ordinary Shares Outstanding Including Dilutive Effect Of Options And Rights On Shares AdjustedWeightedAverageNumberOfOrdinarySharesOutstandingIncludingDilutiveEffectOfOptionsAndRightsOnShares	17321027889	shares
CY2020	san	Adjusted Weighted Average Number Of Ordinary Shares Outstanding Including Dilutive Effect Of Options And Rights On Shares AdjustedWeightedAverageNumberOfOrdinarySharesOutstandingIncludingDilutiveEffectOfOptionsAndRightsOnShares	17316288908	shares
CY2022	ifrs-full	Diluted Earnings Loss Per Share DilutedEarningsLossPerShare	0.537
CY2021	ifrs-full	Diluted Earnings Loss Per Share DilutedEarningsLossPerShare	0.436
CY2020	ifrs-full	Diluted Earnings Loss Per Share DilutedEarningsLossPerShare	-0.538
CY2022	ifrs-full	Diluted Earnings Loss Per Share From Discontinued Operations DilutedEarningsLossPerShareFromDiscontinuedOperations	0
CY2021	ifrs-full	Diluted Earnings Loss Per Share From Discontinued Operations DilutedEarningsLossPerShareFromDiscontinuedOperations	0
CY2020	ifrs-full	Diluted Earnings Loss Per Share From Discontinued Operations DilutedEarningsLossPerShareFromDiscontinuedOperations	0
CY2022	ifrs-full	Diluted Earnings Loss Per Share From Continuing Operations DilutedEarningsLossPerShareFromContinuingOperations	0.537
CY2021	ifrs-full	Diluted Earnings Loss Per Share From Continuing Operations DilutedEarningsLossPerShareFromContinuingOperations	0.436
CY2020	ifrs-full	Diluted Earnings Loss Per Share From Continuing Operations DilutedEarningsLossPerShareFromContinuingOperations	-0.538
CY2022	ifrs-full	Disclosure Of Information About Key Management Personnel Explanatory DisclosureOfInformationAboutKeyManagementPersonnelExplanatory	Remuneration and other benefits paid to the Bank’s directors and senior managersThe following section contains qualitative and quantitative disclosures on the remuneration paid to the members of the board of directors —both executive and non-executive directors— and senior managers for 2022 and 2021:<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Remuneration of Directors</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Bylaw-stipulated emoluments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The annual general meeting held on 22 March 2013 approved an amendment to the Bylaws, whereby the remuneration of directors in their capacity as board members became an annual fixed amount determined by the annual general meeting. This amount shall remain in effect unless the shareholders resolve to change it at a general meeting. However, the board of directors may elect to reduce the amount in any years in which it deems such action justified.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The maximum remuneration established by the annual general meeting was EUR 6 million in 2022 (EUR 6 million in 2021), with two components: (a) an annual emolument and (b) attendance fees.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The specific amount payable for the above-mentioned items to each of the directors is determined by the board of directors. For such purpose, it takes into consideration the positions held by each director on the board, their membership of the board and the board committees and their attendance to the meetings thereof, and any other objective circumstances considered by the board.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The total Bylaw-stipulated emoluments earned by the directors in 2022 amounted to EUR 4.7 million (EUR 4.8 million in 2021).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Annual allotment</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the remuneration policy approved at the general shareholders' meeting on 1 April 2022, the amounts for serving and holding roles on the board and committees was the same amount as initially approved for 2021, with the exception of the yearly amount for serving on the board of directors, which was modified from EUR 90,000 to EUR 95,000. The annual amounts received individually by the directors in 2022 and 2021 based on the positions held by them on the board and their membership of the board committees were as follows:</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:62.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.727%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.493%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Amount per director in euros</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the board of directors</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">95,000 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">90,000 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the executive committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">170,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">170,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the audit committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the appointments committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the remuneration committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the risk supervision, regulation and compliance committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the responsible banking, sustainability and culture committee </span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">15,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">15,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Members of the innovation and technology committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,000</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Chair of the audit committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Chair of the appointments committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Chair of the remuneration committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Chair of the risk supervision, regulation and compliance committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Chair of the responsible banking, sustainability and culture committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50,000</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Chair of the innovation and technology committee</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70,000</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">70,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Lead independent director</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:4.55pt;font-weight:400;line-height:105%;position:relative;top:-2.44pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">110,000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">110,000</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Non-executive Vice Chair</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">30,000</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">30,000</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Bruce Carnegie-Brown, in view of the positions held on the board and its committees, in particular as Chair of the appointments and remuneration committees and as lead independent director, and the time and dedication required to properly perform such positions, has been assigned a minimum total annual remuneration of EUR 700,000 since 2015, including the annual allowance for the items corresponding to him of those indicated above and attendance fees. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Attendance fees</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The directors receive fees for attending board and committee meetings, excluding executive committee meetings, where no attendance fees are received.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For 2022 the board voted to keep the same amounts set out in the 2021 policy.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">The fees for 2022 and 2021 are as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:68.653%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.024%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attendance fees per director per meeting in euros </span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Board of directors</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,600 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,600 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Audit committee and risk supervision, regulation and compliance committee</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,700 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other committees (excluding executive committee) </span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,500 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,500 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Salaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The executive directors receive salaries. In accordance with the policy approved by the annual general meeting, salaries are composed of a fixed annual remuneration and a variable one, which consists in a unique incentive, which is a deferred variable remuneration plan linked to multi-year objectives, which establishes the following payment scheme:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">40% of the variable remuneration amount, determined at year-end on the basis of the achievement of the established objectives, is paid immediately. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The remaining 60% is deferred over five years, to be paid in five portions, provided that the conditions of permanence in the Group and non-concurrence of the malus clauses are met, and subject to long term metrics, taking into account the following accrual scheme: </span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The accrual of the first and second portion (payment in 2024 and 2025) will be conditional on none of the malus clauses being triggered.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">The accrual of the third, fourth, and fifth portion (payment in 2026, 2027 and 2028), is linked to objectives related to the period 2022—2024 and the metrics and scales associated with these objectives. The fulfilment of the objectives determines the percentage to be paid of the deferred amount in these three annuities, and these targets can reduce these amounts and the number of deferred instruments, or increase them up to a maximum achievement ratio of 125%, so executives have the incentive to exceed their targets.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In accordance with current remuneration policies, the amounts already paid will be subject to a possible recovery (clawback) by the Bank during the period set out in the policy in force at each moment. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The immediate payment (or short-term), as well as each deferred payment (linked to long term metrics and not linked to long-term metrics) will be settled 50% in cash and the remaining 50% in instruments, consisting of Banco Santander, S.A. shares, Banco Santander, S.A. share options and restricted stock units (RSUs) of PagoNxt, split as:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">◦ the amount of PagoNxt RSUs set for each year; and</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">◦ the rest, shares and share options in equal parts, unless the director chooses to receive options only.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%;text-decoration:underline">Comparative of executive remuneration (Chair and CEO) </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The board voted to maintain the same benchmark incentive for Ana Botín and José Antonio Álvarez in 2022 as in 2021.Variable contributions to pensions were not modified in 2022, so the amounts are the 22% of the 30% of the last three assigned bonus' average.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022, the good business performance (which enabled Banco Santander to reach a 13.37% underlying RoTE, above the end of 2021), the excellent execution of our strategy (with the highest attributable profit ever), and the efficient capital management, boosted the bonus pool once again and thus the variable remuneration of corporate centre employees, (including executive directors).</span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Detail by director</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by bank director, of the short-term (immediate) and deferred (not subject to long-term goals) remuneration for 2022 and 2021 is provided below:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:13.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.423%"/><td style="width:0.1%"/></tr><tr><td colspan="30" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">2022</span></td></tr><tr style="height:12pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Bylaw-stipulated emoluments</span></td></tr><tr style="height:12pt"><td colspan="27" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Annual emolument</span></td></tr><tr style="height:15pt"><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Board</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:700;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">F</span></div></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Executive committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Audit committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Appointments committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Remuneration committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Risk supervision, regulation and compliance oversight committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Responsible banking, sustainability and culture committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Innovation and technology committee</span></td><td colspan="3" rowspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Attendance fees and commissions</span></td></tr><tr style="height:15pt"><td colspan="30" style="display:none"/></tr><tr style="height:30pt"><td colspan="30" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">74 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">41 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Bruce Carnegie-Brown</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Homaira Akbari</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Javier Botín</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Álvaro Cardoso</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">R.Martín Chávez</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Sol Daurella</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Henrique de Castro</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Gina Díez Barroso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Luis Isasi</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Ramiro Mato</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Sergio Rial</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Belén Romana</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Pamela Walkden</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">78 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Germán de la Fuente</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Glenn Hutchins</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total 2022</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,561</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">301</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">139</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">159</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">241</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">229</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">930</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total 2021</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,536</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">270</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">126</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">175</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">268</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">125</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">245</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,036</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A. All amounts received were reimbursed to Fundación Botín.</span></div><div style="padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.Stepped down as director on 1 April 2022.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.Stepped down as director on 1 July 2022.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.Director since 1 April 2022.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.Director since 20 December 2022.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">F.Also includes emoluments for other roles in the board.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1. Includes EUR 1,000 thousand for his role as non-executive Chair of Santander España and for Santander España board and committees meetings</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:13.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.392%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.275%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"/><td colspan="33" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="27" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:7pt"><td colspan="3" style="padding:0 1pt"/><td colspan="18" rowspan="2" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Short-term and deferred (not subject to long-term goals) salaries of executive directors</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:20pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Fixed</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Variable - immediate payment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Deferred variable</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:20pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">In cash</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">In instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">In cash</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">In instruments</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Pension contribution</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Other remuneration</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">3,176 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,688 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,689 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,013 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,013 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">8,579 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,081 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">961 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">11,001 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">11,436 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">2,541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,140 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">684 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">684 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">6,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">811 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,758 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">9,086 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">9,160 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Bruce Carnegie-Brown</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Homaira Akbari</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">248 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Javier Botín</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">129 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">129 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Álvaro Cardoso</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">183 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">R.Martín Chávez</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">147 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">374 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Sol Daurella</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">230 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">239 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Henrique de Castro</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">261 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">267 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Gina Díez Barroso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Luis Isasi</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">1,406 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Ramiro Mato</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">499 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Sergio Rial</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">131 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">879 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Belén Romana</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">549 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">533 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Pamela Walkden</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">323 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">303 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Germán de la Fuente</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">137 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Glenn Hutchins</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.03pt;font-weight:400;line-height:105%;position:relative;top:-2.71pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Total 2022</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">5,717</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">2,827</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">2,829</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">1,697</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">1,697</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">14,767</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">1,892</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">3,719</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">25,071</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">Total 2021</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">6,467</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">3,079</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">3,079</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">1,847</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">1,848</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">16,320</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">1,824</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">3,542</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:700;line-height:105%">26,487</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">Footnotes in previous table.</span></div><div style="margin-bottom:9pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the detail by executive director of the salaries linked to multi-year objectives at their fair Value, which will only be received if the conditions of permanence in the Group, non-applicability of malus clauses and achievement of the established objectives are met (or, as the case may be, of the minimum thresholds thereof, with the consequent reduction of amount agreed-upon at the end of the year) in the terms described in Note 46.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.010%"><tr><td style="width:1.0%"/><td style="width:13.820%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.550%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.280%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.868%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.550%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.555%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variable subject to long-term<br/>objectives</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In cash</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In shares</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In share options</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In RSUs</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,064 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">255 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,128 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,316 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">718 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">273 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">273 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">172 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,436 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,782</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">677</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">677</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">428</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,564</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">1. Corresponds with the fair value of the maximum amount they are entitled to in a total of 3 years: 2026, 2027 and 2028, subject to conditions of continued service, with the exceptions provided, and to the non-applicability of malus clauses and achievement of the objectives established.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value has been determined at the grant date based on the valuation report of an independent expert, Willis Towers Watson. Based on the design of the plan for 2022 and the levels of achievement of similar plans in comparable entities, the fair value considered is 70% of the variable remuneration subject to long-term objectives. (see note 46). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 5.e below includes disclosures on the shares delivered from the deferred remuneration schemes in place in previous years and for which delivery conditions were met, as well as on the maximum number of shares that may be received in future years in connection with the aforementioned 2022 and 2021 variable remuneration plans.<br/></span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Remuneration of the board members as representatives of the Bank</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">By resolution of the executive committee, all the remuneration received by the Bank’s directors who represent the Bank on the boards of directors of listed companies in which the Bank has a stake, paid by those companies and relating to appointments made on or after 18 March, 2002, accrues to the Group. In 2022 and 2021 the Bank’s directors did not receive any remuneration in respect of these representative duties. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">On the other hand, in their personal capacity, in 2022 Álvaro Cardoso was paid BRL 150 thousand (EUR 28 thousand) as member of the sustainability committee of Banco Santander Brasil S.A., Homaira Akbari was paid USD 169 thousand (EUR 161 thousand) as member of the board of Santander Consumer USA Holdings, Inc. and EUR 200 thousand as member of the board of PagoNxt S.L., and Henrique de Castro and R. Martín Chávez were each paid the same EUR 200 thousand as members of the board of PagoNxt S.L. Likewise, Pamela Walkden was paid GBP 125 thousand (EUR 147 thousand) as member of Santander UK plc and Santander UK Group Holdings. And Sergio Rial, as non-Executive Chair of Ebury Partners Limited received a total pay of GBP 244 thousand (EUR 286 thousand) and as Chair of board of directors of Banco Santander Brasil S.A. was paid BRL 10,981 thousand (EUR 2,000 thousand). </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">Likewise, Luis Isasi was paid EUR 1,000 thousand as non-Executive Chair of the board of Santander España and for attending its board and committee meetings (amounts paid by Banco Santander, S.A.).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, Héctor Grisi has received at the end of 2022 a payment of EUR 2,500 thousand as relocation expenses, for settling in Spain to carry out his CEO role with effect from 1 January 2023.Because the payment is based on his annual allowance capitalized over five years, in accordance with corporate practices and policies, if the CEO terminates his contract before said period, he will reimburse the proportional share of that amount.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Post-employment and other long-term benefits</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2012, the contracts of Ana Botín and José Antonio Alvarez (and other members of the Bank's senior management) with defined benefit pension commitments were modified to transform these commitments into a defined contribution system, which covers the contingencies of retirement, disability and death. From that moment on, the Bank makes annual contributions to their pension system for their benefit. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This system gives them the right to receive benefits upon retirement, regardless of whether or not they are active at the Bank at such time, based on contributions to the system, and replaced their previous right to receive a pension supplement in the event of retirement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The initial balance for each of them in the new defined benefits system corresponded to the market value of the assets from which the provisions corresponding to the respective accrued obligations had materialised on the date on which the old pension commitments were transferred into the new benefits system.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Since 2013, the Bank has made annual contributions to the benefits system for executive directors and senior executives, in proportion to their respective pensionable bases, until they leave Grupo Santander or until their retirement within the Group, death, or disability. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The benefit plan system is outsourced to Santander Seguros y Reaseguros, Compañía Aseguradora, S.A., and the economic rights of the foregoing directors under this plan belong to them regardless of whether or not they are active at the Bank at the time of their retirement, death or disability. </span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the provisions of the remuneration regulations, contributions made calculated on variable remuneration are subject to the discretionary pension benefits regime. Under this regime, contributions are subject to malus clauses and clawback according to the policy in force at any given time and during the same period in which the variable remuneration is deferred. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Furthermore, they must be invested in bank shares for a period of five years from the date when the executive director leaves the Group, regardless of whether or not they leave to retire. Once that period has elapsed, the amount invested in shares will be reinvested, along with the remainder of the cumulative balance corresponding to the executive director, or it will be paid to the executive director or to their beneficiaries in the event of a contingency covered by the benefits system. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As per the director´s remuneration policy approved at the 23 March 2018 general shareholder´s meeting, the system was changed with a focus on: </span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:119%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%;padding-left:3.82pt">Aligning the annual contributions with practices of comparable institutions. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Reducing future liabilities by eliminating the supplementary benefits scheme in the event of death (death of spouse or parent) and permanent disability of serving directors. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Not increasing total costs for the Bank. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes to the system were the following: </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Fixed and variable pension contributions were reduced to 22% of the respective pensionable bases. The gross annual salaries and the benchmark variable remuneration were increased in the corresponding amount with no increase in total costs for the Bank. The pensionable base for the purposes of the annual contributions for the executive directors is the sum of fixed remuneration plus 30% of the average of their last three variable remuneration amounts.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The death and disability supplementary benefits were eliminated since 1 April 2018. A fixed remuneration supplement (included in other remuneration in section a.iii in this note) was implemented the same date.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The total amount insured for life and accident insurance was increased. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions recognised in 2022 and 2021 for retirement pensions were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.596%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.142%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.962%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,081 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,041 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">811 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">783 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,892</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,825</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a detail of the balances relating to each of the executive directors under the welfare system as of 31 December 2022 and 2021:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:66.778%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.960%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.962%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,725 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,075 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,958 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">65,683</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">66,896</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Insurance</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group pays for life insurance policies for the Bank’s directors, who will be entitled to receive benefits if they are declared disabled. In the event of death, the benefits will be payable to their heirs. The premiums paid by the Group are included in the 'Other remuneration' column of the table shown in Note 5.a.iii above. Also, the following table provides information on the sums insured for the Bank’s executive directors:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:69.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Insured capital</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td><td colspan="6" style="border-top:0.5pt solid #ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 8.09pt 0 1pt;text-indent:-7.09pt"/><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,988 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,489 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,345 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,028 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,333</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">39,517</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The insured capital has been modified in 2018 for Ana Botín and José Antonio Alvarez as part of the pension systems transformation set out in note 5.c) above, which has encompassed the elimination of the supplementary benefits systems (death of spouse and death of parent) and the increase of the life insurance annuities. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2022 and 2021, the Group has disbursed a total amount of EUR 48.2 million and EUR 25.5 million, respectively, for the payment of civil-liability insurance premiums. These premiums correspond to several civil-liability insurance policies that hedge, among others, directors, senior executives and other managers and employees of the Group and the Bank itself, as well as its subsidiaries, in light of certain types of potential claims. For this reason, it is not possible to disaggregate or individualize the amount that correspond to the directors and executives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022 and 2021, no life insurance commitments exist for the Group in respect of any other directors.</span></div><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9pt;text-indent:-9pt"><span><br/></span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">e) Deferred variable remuneration systems</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following information relates to the maximum number of shares to which the executive directors are entitled at the beginning and end of 2022 and 2021 due to their participation in the deferred variable remuneration systems, which instrumented a portion of their variable remuneration relating to 2022 and prior years, as well as on the deliveries, in shares or in cash, made to them in 2022 and 2021 once the conditions for the receipt thereof had been met (see Note 46):</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i) Deferred conditional variable remuneration plan</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">From 2011 to 2015, the bonuses of executive directors and certain executives (including senior management) and employees who assume risk, who perform control functions or receive an overall remuneration that puts them on the same remuneration level as senior executives and employees who assume risk (all of whom are referred to as identified staff) have been approved by the board of directors and instrumented, respectively, through various cycles of the deferred conditional variable remuneration plan. Application of these cycles, insofar as they entail the delivery of shares to the plan beneficiaries, was authorized by the related annual general meetings. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The purpose of these plans was to defer a portion of the bonus of the plan beneficiaries (60% in the case of executive directors) over a period of five years (three years for the plans approved up to 2014) for it to be paid, where appropriate, in cash and in Santander shares. The remaining 40% portion of the bonus is paid in cash and Santander shares (in equal parts), upon commencement of this plan, in accordance with the rules set forth below.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to the requirement that the beneficiary remains in Grupo Santander’s employ, the accrual of the deferred remuneration was conditional upon none of the following circumstances existing in the opinion of the board of directors -following a proposal of the remuneration committee-, in relation to the corresponding year, in the period prior to each of the deliveries: (i) poor financial performance of the Group; (ii) breach by the beneficiary of internal regulations, including, in particular, those relating to risks; (iii) material restatement of the Group’s consolidated financial statements, except when it is required pursuant to a change in accounting standards; or (iv) significant changes in the Group’s economic capital or its risk profile. All the foregoing shall be subject in each case to the regulations of the relevant plan cycle.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Similarly, Banco Santander can claw back any paid variable amounts in the scenarios and for the period dictated by the terms and conditions in the said policy.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On each delivery, the beneficiaries are paid an amount in cash equal to the dividends paid for the amount deferred in shares and the interest on the amount deferred in cash. If the Santander Dividendo Elección scrip dividend scheme is applied, payment will be based on the price offered by the Bank for the bonus share rights corresponding to those shares. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The maximum number of shares to be delivered is calculated taking into account the daily volume-weighted average prices for the 15 trading sessions prior to the date on which the board of directors approves the bonus for the Bank’s executive directors for each year.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This plan and the Performance Shares (ILP) plan described below have been integrated for the executive directors and other senior managers in the deferred variable compensation plan linked to multiannual objectives, in the terms approved by the General Meeting of Shareholders held on March 18, 2016.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2021 was the last financial year in which a payment was made in application of this plan.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii) Deferred variable compensation plan linked to multiannual objectives</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the annual shareholders meeting of 18 March 2016, with the aim of simplifying the remuneration structure, improving the ex-ante risk adjustment and increasing the incidence of long-term objectives, the bonus plan (deferred and conditioned variable compensation plan) and ILP were replaced by one single plan. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The variable remuneration of executive directors and certain executives (including senior management) corresponding to 2022 has been approved by the board of directors and implemented through the seventh cycle of the deferred variable remuneration plan linked to multi-year objectives. The application of the plan was authorised by the annual general meeting of shareholders, as it entails the delivery of shares to the beneficiaries.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As indicated in section a.ii of this note, 60% of the variable remuneration amount is deferred over five years for executive directors, to be paid, where appropriate, in five portions, provided that the conditions of permanence in the Group, according to the following accrual scheme: </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The accrual of the first and second parts (instalments in 2024 and 2025) is conditional on none of the malus clauses being triggered.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The accrual of the third, fourth and fifth parts (instalments in 2026, 2027 and 2028) is linked to non-concurrence of malus clauses and the fulfilment of certain objectives related to the 2022‑ 2024 period. These objective and their respective weights are:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Banco Santander’s consolidated Return on tangible equity (RoTE) target in 2024 (weight of 40%).</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Relative performance of Banco Santander's total shareholder return (TSR) in 2022-2024 in respect of the weighted TSR of a peer group comprising 9 credit institutions, with the appropriate TSR ratio based on the group’s TSR among its peers (weight of 40%). </span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.25pt">Five ESG (environmental, social and governance) metrics. Each of the five Responsible banking targets have the same weighting (and total weight of ESG objective, 20%).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The degree of compliance with the above objectives determines the percentage to be applied to the deferred amount in these three annuities, with a maximum achievement ratio of 125%, so executives have the incentive to exceed their targets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Both the immediate (short-term) and each of the deferred (long-term and conditioned) portions are paid 50% in cash and the remaining 50% in instruments.</span></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The accrual of deferred amounts (whether or not subject to performance measures) is conditioned, in addition to the permanence of the beneficiary in the Group, to non-occurrence, during the period prior to each of the deliveries, of any the circumstances giving rise to the application of malus as set out in the Group’s remuneration policy in its chapter related to malus and clawback. Likewise, the amounts already paid of the incentive will be subject to clawback by the Bank in the cases and during the term foreseen in said policy, and in accordance with the terms and conditions foreseen in it.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Malus and clawback clauses are triggered by poor financial performance of Banco Santander, a division or area, or exposures from staff as a result of an executive(s)’s management of, at least, one of these factors:</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">(i)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:10.15pt">Significant failures in risk management committed by the entity, or by a business unit or risk control.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">(ii)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:8.02pt">The increase suffered by the entity or by a business unit of its capital needs, not foreseen at the time of generation of the exposures.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">(iii)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:5.89pt">Regulatory sanctions or judicial sentences from events that could be attributable to the unit or the personnel responsible for those. Also, the breach of internal codes of conduct of the entity.</span></div><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">(iv)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:5.93pt">Irregular conduct, whether individual or collective. In this regard, the negative effects derived from the marketing of inappropriate products and the responsibilities of the people or bodies that made those decisions will be specially considered.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">And among the specific cases that could lead to the application of these clauses, of note the restatement of the annual financial statements that does not result from a regulatory change, but from incorrect application of accounting regulations or criteria, as appreciated by supervisors and as long as it results in a lower variable remuneration to be settled than that initially accrued or where no remuneration would have been paid in accordance with the variable remuneration system of the Entity or a specific unit.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The maximum number of shares to be delivered is calculated by taking into account the average weighted daily volume of the average weighted listing prices corresponding to the fifteen trading sessions prior to the previous Friday (excluded) to the date on which the bonus is agreed by the board of executive directors of the Bank.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii) Shares assigned by deferred variable remuneration plans</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the number of Santander shares assigned to each executive director and pending delivery as of 1 January 2021, 31 December 2021 and 31 December 2022, as well as the gross shares that were delivered to them in 2021 and 2022, either in the form of an immediate payment or a deferred payment. In this case after having been appraised by the board, at the proposal of the remuneration committee, that the corresponding one-fifth of each plan had accrued. They come from the deferred conditional and linked to multi-year objectives in 2016, 2017, 2018, 2019, 2020, 2021 and 2022 were formalized.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.717%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Share-based variable remuneration</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Maximum number of shares to be delivered at January 1,2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2021 (immediate payment 2020 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2021 (deferred payment 2019 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2021 (deferred payment 2018 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2021 (deferred payment 2017 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2021 (deferred payment 2016 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Variable remuneration 2021 (Maximum number of shares to be delivered)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #cbcbcb;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2016 variable remuneration</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">110,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55,014)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,264 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37,133)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">184,293</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(92,147)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-left:1pt solid #cbcbcb;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2017 variable remuneration</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">94,083 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31,361)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,919 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,973)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">157,001</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(52,334)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-left:1pt solid #cbcbcb;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2018 variable remuneration</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">413,215 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(103,304)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">276,129 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(69,032)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">689,344</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(172,336)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-left:1pt solid #cbcbcb;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2019 variable remuneration</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">532,316 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(106,463)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">355,749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(71,150)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">888,065</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(177,613)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-left:1pt solid #cbcbcb;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020 variable remuneration</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">310,615 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(124,246)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(67,486)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">479,330</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(191,732)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-left:1pt solid #cbcbcb;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021 variable remuneration</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,480,622 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">999,259 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,479,881</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022 variable remuneration</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.72pt">For each director, 40% of the shares indicated correspond to the short-term variable (or immediate payment). The remaining 60% is deferred for delivery, where appropriate, by fifths in the next five years, the last three being subject to the fulfilment of multiannual objectives. Sergio Rial's has the right to a maximum of 51,483 Santander shares and 269,148 options over Santander shares for his participation in the 2019 Digital Transformation Award.<br/>In addition, as of 31 December 2022, Rodrigo Echenique maintains the right to a maximum of 150,979 shares arising from his participation in the corresponding plans during his term as executive director.</span></div><div style="margin-bottom:18pt;padding-left:11.34pt;text-indent:-11.34pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.688%"><tr><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.544%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.944%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.904%"/><td style="width:0.1%"/></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Maximum number of shares to be delivered at December 31, 2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Instruments matured but not consolidated at January 1, 2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:4.61pt;font-weight:700;line-height:105%;position:relative;top:-2.48pt;vertical-align:baseline">2</span></div></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2022 (immediate payment 2021 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2022 (deferred payment 2020 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2022 (deferred payment 2019 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2022 (deferred payment 2018 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2022 (deferred payment 2017 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Shares delivered in 2022 (deferred payment 2016 variable remuneration)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Variable remuneration 2022 (Maximum number of shares to be delivered)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.1pt;font-weight:700;line-height:105%">Maximum number of shares to be delivered at December 31, 2022</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,015 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55,015)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,131 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37,131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">92,146</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(92,146)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,722 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31,361)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,361 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,946 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,973)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,973 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">104,668</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(52,334)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,334</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">309,911 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(206,618)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34,431)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68,862 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">207,097 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(138,072)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,008)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,017 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">517,008</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(344,689)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(57,440)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114,879</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">425,853 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(106,463)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">319,390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284,599 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(71,150)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">213,449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">710,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(177,613)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">532,839</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">186,369 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37,274)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">149,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,246)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80,983 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">287,598</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(57,520)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">230,078</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,480,622 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(592,249)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">888,373 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">999,259 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(399,704)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">599,555 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,479,881</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(991,953)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,487,928</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">585,079 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">585,079 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">394,916 </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">394,916 </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">979,995</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">979,995</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">2.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.72pt">After reviewing the results of the 3rd cycle of the deferred variable remuneration plan linked to multi-year targets (2018), the board of directors confirmed in 2022, upon recommendation from the remuneration committee, a 33.3% achievement of the long-term metrics of the plan (as the following level of achievement was met during 2018-2020 period: CET1 at 100% at 2020 year-end (the target was 11.30%); underlying EPS growth at 0% (the target was a 25% growth); and TSR metric at 0% (33% minimum target not reach), with a 33% weight each one) and the amounts of the pending deliveries for each executive director, payable in February 2022, 2023 and 2024 in connection with this plan. Therefore, regarding the maximum number of shares to be delivered at December 31 of 2021 in relation with the last three payments of the 2018 variable remuneration (309,911 and 207,097 shares in the case of Ana Botín and José Antonio Álvarez, respectively) only one third have been delivered (corresponding to the 33.3% of the achievement mentioned above), with the rest of shares definitively not collected as "matured but not consolidated".This applies to all persons under this plan. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Furthermore, the maximum number of share options to be delivered regarding the 2022 variable remuneration plan is 1,575,335 options in the case of Ana Botín, and 1,063,316 options in the case of José Antonio Álvarez. Meanwhile, the maximum number of RSUs of PagoNxt, S.L. to be delivered under the current plan is 12,646 and 8,527 units for Ana Botín and José Antonio Álvarez, respectively.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the table below shows the cash delivered in 2022 and 2021, by way of either immediate payment or deferred payment, in the latter case once the Board had determined, at the proposal of the remuneration committee, that one-fifth relating to each plan had accrued:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:31.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.644%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td><td colspan="15" style="background-color:#ffffff;border-bottom:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash paid (immediate payment 2021 variable remuneration)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash paid (deferred payments from 2020, 2019, 2018 and 2017 variable remuneration)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash paid (immediate payment 2020 variable remuneration)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash paid (deferred payments from 2019, 2018, 2017 and 2016 variable remuneration)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ana Botín</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,838</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,102</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">334</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,550</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">José Antonio Álvarez</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,241</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">726</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">181</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,037</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,079</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,827</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">515</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,586</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv) Information on former members of the board of directors</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The chart below includes information on the maximum number of shares to which former members of the board of directors who ceased in office prior to 1 January 2021 are entitled for their participation in the various deferred variable remuneration systems, which instrumented a portion of their variable remuneration relating to the years in which they were executive directors. Also set forth below is information on the deliveries, whether in shares or in cash, made in 2022 and 2021 to former board members, upon achievement of the conditions for the receipt thereof (see note 46):</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:76.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Maximum number of shares to be delivered</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2015)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2016)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2017)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,783 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2018)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,543 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164,462 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2019)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,092 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130,790 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2020)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:12pt;padding-left:9pt;text-indent:-9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:76.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Number of shares delivered</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2015)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92,557 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Performance shares plan ILP (2015)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2016)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,251 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,254 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2017)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,783 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,330 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2018)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,272 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2019)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,698 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,698 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2020)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, EUR 702 thousand and EUR 1,213 thousand relating to the deferred portion payable in cash of the aforementioned plans were paid each in 2022 and 2021. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span id="i5e1286ae97394b88a2b8c2eb8faf6d2a_32279"/><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">f) Loans</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander’s direct risk exposure to the bank’s directors and the guarantees provided for them are detailed below. These transactions were made on terms equivalent to those that prevail in arm’s-length transactions or the related compensation in kind was recognized:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.832%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans and credits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Guarantees</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans and credits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Guarantees</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Ana Botín-Sanz de Sautuola y O´Shea</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr José Antonio Álvarez Álvarez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Bruce Carnegie-Brown</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Javier Botín-Sanz de Sautuola y O´Shea</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Sol Daurella Comadrán</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Belén Romana García</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Ramiro Mato García-Ansorena</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Homaira Akbari</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Álvaro Cardoso de Souza</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Henrique de Castro</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Pamela Ann Walkden</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Luis Isasi Fernández de Bobadilla</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Sergio Agapito Lires Rial</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr R. Martín Chávez Márquez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Gina Lorenza Díez Barroso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Germán de la Fuente Escamilla</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">105</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">105</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">115</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">115</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">g) Senior management</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The table below includes the amounts relating to the short-term remuneration of the members of senior management at 31 December 2022 and those at 31 December 2021, excluding the remuneration of the executive directors, which is detailed above. This amount has been reduced by 35% compared to that reported in 2014 (EUR 80,792 thousand):</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:119%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.985%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.237%"/><td style="width:0.1%"/></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Short-term salaries and deferred remuneration</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variable remuneration (bonus) - Immediate payment</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred variable remuneration</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Number of<br/>persons</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fixed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In cash</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In shares</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">2</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In cash</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">In shares</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pensions</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other<br/>remuneration</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2022</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,178</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,733</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,733</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,398</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,399</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,339</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,956</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,736</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2021</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,183</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,402</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,402</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,648</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,648</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,542</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,055</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,880</span></td></tr></table></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1. Includes other remuneration items such as life and medical insurance premiums and localization aids and lastly RSUs from PagoNxt S.L., for his work as a director in said entity.</span></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">2. The amount of immediate payment in shares for 2022 is 2,504,000 shares (2,706,819 Santander shares in 2021).</span></div><div style="margin-bottom:12pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">3. The deferred amount in shares not linked to long-term objectives for 2022 is 1,101,000 shares (1,175,191 Santander shares in 2021).</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The board of directors approved the 2022 Digital Transformation Incentive which is a variable remuneration scheme split in two different blocks:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">the first one, with the same design as in previous years, that delivers Santander shares and share options if the group hits major milestones on its digital roadmap. It is aimed at a group of up to 250 employees whose functions are deemed essential to Santander’s growth. No senior executives are included within this plan in 2022 and 2021. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">And the second one, which delivers PagoNxt, S.L. RSUs and premium priced options (PPOs), and is aimed at up to 50 employees whose roles are considered key to PagoNxt’s success, including 1 senior executive who will receive EUR 500 thousand.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">See note 46 to the 2022 Group's consolidated financial statements for further information on the Digital Transformation Incentive.</span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022, the ratio of variable to fixed pay components was 120% of the total for senior managers, well within the maximum limit of 200% set by 2022 AGM.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, the detail of the breakdown of the remuneration linked to long-term objectives of the members of senior management at 31 December 2022 and 31 December 2021 is provided below. These remuneration payments shall be received, as the case may be, in the corresponding deferral periods, upon achievement of the conditions stipulated for each payment (see note 46):</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:17.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.653%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.504%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.125%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variable remuneration subject to long-term objectives</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Number of people</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash <br/>payment</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Share<br/>payment</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2022</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,568 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,569 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,137 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2021</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,830 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,830 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,660 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1. Relates to the fair value of the maximum annual amounts for years 2026, 2027 and 2028 of the seventh cycle of the deferred conditional variable remuneration plan (2025, 2026 and 2027 for the sixth cycle of the deferred variable compensation plan linked to annual objectives for the year 2021).</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, senior executives who stepped down from their roles in 2022 consolidated salary remuneration and other remuneration for a total amount of EUR 3,691 thousand (EUR 5,294 thousand in 2021). They also have the right to receive, in total, EUR 447 thousand in variable pay subject to long-term objectives (this right has been generated in 2021 for a total amount of EUR 55 thousand).<br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The maximum number of Santander shares that the members of senior management at each plan grant date (excluding executive directors) were entitled to receive as of 31 December 2022 and 31 December 2021 relating to the deferred portion under the various plans then in force is the following (see note 46):</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:63.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.494%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Maximum number of shares to be delivered</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2015)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2017)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2018)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,475 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2016)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,500 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">150,445 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2017)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76,053 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164,428 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2018)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">155,758 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">803,056 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2019)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">949,917 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,274,450 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2020)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,438,437 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,829,720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2021)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,711,926 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Since the conditions established in the corresponding deferred share-based remuneration schemes for prior years had been met, the following number of Santander shares was delivered in 2022 and 2021 to the senior management, in addition to the payment of the related cash amounts:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.858%"><tr><td style="width:1.0%"/><td style="width:68.681%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.853%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.166%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Number of shares delivered</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2015)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">146,930</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2017)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,786 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan (2018)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,474 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2016)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">114,006 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">131,938 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2017)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">107,891 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,104 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2018)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,037 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">267,686 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2019)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">288,041 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">321,006 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2020)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">360,614 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,742,419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.75pt;font-weight:400;line-height:105%">Deferred conditional variable remuneration plan and linked to objectives (2021)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,556,117 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As indicated in note 5.c above, senior management participate in the benefit system created in 2012, which covers the contingencies of retirement, disability and death. Banco Santander makes annual contributions to the benefit plans of its senior managers. In 2012, the contracts of the senior managers with benefit pension commitments were amended to transform them into a contribution system. The system, which is outsourced to Santander Seguros y Reaseguros, Compañía Aseguradora, S.A., gives senior managers the right to receive benefits upon retirement, regardless of whether or not they are active at Banco Santander at such time, based on contributions to the system. This new system replaced their previous right to receive a pension supplement in the event of retirement. In the event of pre-retirement, and up to the retirement date, senior managers appointed prior to September 2015 are entitled to receive an annual allowance.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, further to applicable remuneration regulations, from 2016 (inclusive), a discretionary pension benefit component of at least 15% of total remuneration in contributions to the pension system has been included. Under the regime corresponding to these discretionary benefits, the contributions that are calculated on variable remunerations are subject to malus and clawback clauses, subject to policies applicable at each time, and during the same period in which the variable remuneration is deferred.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, the annual contributions calculated on variable remunerations must be invested in Bank shares for a period of five years from the date that the senior manager leaves the Group, regardless of whether or not they leave to retire. Once that period has elapsed, the amount invested in shares will be reinvested, along with the remainder of the cumulative balance corresponding to the senior manager, or it will be paid to the senior manager or to their beneficiaries in the event of a contingency covered by the benefits system.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The contracts of some senior executives were modified at the beginning of 2018 with the same objective and changes indicated in section c of this note for Ana Botín and José Antonio Álvarez. The modifications, which are aimed at aligning the annual contributions with the practices of comparable institutions and reducing the risk of future obligations by eliminating the supplementary scheme for death (widowhood and orphanhood) and permanent disability in service without increasing the costs to the bank, are as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Contributions to the pensionable bases were reduced. Gross annual salaries were increased in the corresponding amount.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The death and disability supplementary benefits were eliminated since January 1, 2018 for some senior executives and since April 1, 2018 for executive directors. A fixed remuneration supplement reflected in other remuneration in the table above was implemented on the same date.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The amounts insured for life and accident insurance were increased.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">All of the above was done without an increase in total cost for the Bank.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balance as of 31 December 2022 in the pension system for those who were part of senior management at year end amounted to EUR 54 million (EUR 57 million at 31 December 2021).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The net charge to income corresponding to pension amounted to EUR 5.3 million in 2022 (EUR 5.5 million in 31 December 2021).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022 and 2021 there have been no payments in the form of a single payment of the annual voluntary pre-retirement allowance.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, the capital insured by life and accident insurance at 31 December 2022 of this group amounts to EUR 98 million (EUR 100 million at 31 December 2021).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">h) Post-employment benefits to former directors and former senior executive vice presidents</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The post-employment benefits and settlements paid in 2022 to former directors of the Bank, other than those detailed in note 5.c amounted to EUR 5.6 million and EUR 5.6 million in 2021, respectively. Also, the post-employment benefits and settlements paid in 2022 to former executive vice presidents amounted to EUR 4.8 million and EUR 51.6 million in 2021, respectively.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Contributions to insurance policies that hedge pensions and complementary widowhood, orphanhood and permanent disability benefits to previous members of the Bank’s board of directors, amounted to EUR 0.17 million in 2022 (EUR 0.17 million in 2021). Likewise, contributions to insurance policies that hedge pensions for previous senior managers amounted to EUR 3.1 million in 2022 (EUR 4.4 million in 2021).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During the 2022 financial year, no releases or charges were recorded in the consolidated income statement for pension commitments and similar obligations held by the Group with previous former members of the bank's board of directors or former senior managers in 2022 and 2021.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, 'Provisions - Pension Fund and similar obligations' in the consolidated balance sheet as at 31 December 2022 included EUR 48 million in respect of the post-employment benefit obligations to former Directors of the Bank (EUR 50 million at 31 December 2021) and EUR 99 million corresponding to former senior managers (EUR 114 million at 31 December 2021).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">i) Pre-retirement and retirement</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The board of directors approved an amendment to the contracts of the executive directors whereby Ana Botín and José Antonio Álvarez ceased to have the right to pre-retire in case of termination of his contract.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">j) Contract termination</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The executive directors and senior managers have indefinite-term employment contracts. Executive directors or senior managers whose contracts are terminated voluntarily or due to breach of duties are not entitled to receive any economic compensation. If Banco Santander terminates the contract for any other reason, they will be entitled to the corresponding legally-stipulated termination benefit, without prejudice to any compensation that may for non-competition obligations, as detailed in the directors' remuneration policy. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If Banco Santander were to terminate her contract, Ana Botín would have to remain at Banco Santander’s disposal for a period of 4 months in order to ensure an adequate transition, and would receive her fixed salary during that period.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">k) Information on investments held by the directors in other companies and conflicts of interest</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">None of the members of the board of directors have declared that they or persons related to them may have a direct or indirect conflict of interest with the interests of Banco Santander, S.A., as set forth in article 229 of the Corporate Enterprises Act.</span></div></div>
CY2022	san	Variable Remuneration Immediate Payment Percentage VariableRemunerationImmediatePaymentPercentage	0.40
CY2022	san	Variable Remuneration Deferred Percentage VariableRemunerationDeferredPercentage	0.60
CY2022	san	Variable Remuneration Deferral Period VariableRemunerationDeferralPeriod	P5Y
CY2022	san	Variable Remuneration Deferred Bonus Number Of Payments Subject To Specific Objectives VariableRemunerationDeferredBonusNumberOfPaymentsSubjectToSpecificObjectives	5	portion
CY2022	san	Variable Remuneration Deferred Payment Number Of Annuities VariableRemunerationDeferredPaymentNumberOfAnnuities	3	annuity
CY2022	san	Variable Remuneration Maximum Achievement Ratio VariableRemunerationMaximumAchievementRatio	1.25
CY2022	san	Return On Average Tangible Shareholders Equity Percentage ReturnOnAverageTangibleShareholdersEquityPercentage	0.1337
CY2022	san	Key Management Personnel Compensation Attendance Fees KeyManagementPersonnelCompensationAttendanceFees	930000	eur
CY2021	san	Key Management Personnel Compensation Attendance Fees KeyManagementPersonnelCompensationAttendanceFees	1036000	eur
CY2022	san	Key Management Personnel Compensation Short Term Employee Benefits Fixed KeyManagementPersonnelCompensationShortTermEmployeeBenefitsFixed	5717000	eur
CY2022	san	Key Management Personnel Compensation Short Term Employee Benefits Variable Cash Compensation KeyManagementPersonnelCompensationShortTermEmployeeBenefitsVariableCashCompensation	2827000	eur
CY2022	san	Key Management Personnel Compensation Share Based Payment Variable Immediate Payments KeyManagementPersonnelCompensationShareBasedPaymentVariableImmediatePayments	2829000	eur
CY2022	san	Key Management Personnel Compensation Deferred Cash Based Short Term Employee Benefits KeyManagementPersonnelCompensationDeferredCashBasedShortTermEmployeeBenefits	1697000	eur
CY2022	san	Key Management Personnel Compensation Deferred Share Based Short Term Employee Benefits KeyManagementPersonnelCompensationDeferredShareBasedShortTermEmployeeBenefits	1697000	eur
CY2022	san	Key Management Personnel Compensation Short Term And Deferred KeyManagementPersonnelCompensationShortTermAndDeferred	14767000	eur
CY2022	ifrs-full	Key Management Personnel Compensation Postemployment Benefits KeyManagementPersonnelCompensationPostemploymentBenefits	1892000	eur
CY2022	san	Key Management Personnel Compensation Other Short Term Employee Benefits KeyManagementPersonnelCompensationOtherShortTermEmployeeBenefits	3719000	eur
CY2022	ifrs-full	Key Management Personnel Compensation Shortterm Employee Benefits KeyManagementPersonnelCompensationShorttermEmployeeBenefits	25071000	eur
CY2021	san	Key Management Personnel Compensation Short Term Employee Benefits Fixed KeyManagementPersonnelCompensationShortTermEmployeeBenefitsFixed	6467000	eur
CY2021	san	Key Management Personnel Compensation Short Term Employee Benefits Variable Cash Compensation KeyManagementPersonnelCompensationShortTermEmployeeBenefitsVariableCashCompensation	3079000	eur
CY2021	san	Key Management Personnel Compensation Share Based Payment Variable Immediate Payments KeyManagementPersonnelCompensationShareBasedPaymentVariableImmediatePayments	3079000	eur
CY2021	san	Key Management Personnel Compensation Deferred Cash Based Short Term Employee Benefits KeyManagementPersonnelCompensationDeferredCashBasedShortTermEmployeeBenefits	1847000	eur
CY2021	san	Key Management Personnel Compensation Deferred Share Based Short Term Employee Benefits KeyManagementPersonnelCompensationDeferredShareBasedShortTermEmployeeBenefits	1848000	eur
CY2021	san	Key Management Personnel Compensation Short Term And Deferred KeyManagementPersonnelCompensationShortTermAndDeferred	16320000	eur
CY2021	ifrs-full	Key Management Personnel Compensation Postemployment Benefits KeyManagementPersonnelCompensationPostemploymentBenefits	1824000	eur
CY2021	san	Key Management Personnel Compensation Other Short Term Employee Benefits KeyManagementPersonnelCompensationOtherShortTermEmployeeBenefits	3542000	eur
CY2021	ifrs-full	Key Management Personnel Compensation Shortterm Employee Benefits KeyManagementPersonnelCompensationShorttermEmployeeBenefits	26487000	eur
CY2022	san	Key Management Personnel Compensation Other Long Term Employee Benefits Conditions Of Continued Service Period KeyManagementPersonnelCompensationOtherLongTermEmployeeBenefitsConditionsOfContinuedServicePeriod	P3Y
CY2022	san	Period For Investment In Bank Shares From Date Of Termination PeriodForInvestmentInBankSharesFromDateOfTermination	P5Y
CY2022	san	Payment Of Civil Liability Insurance Premium PaymentOfCivilLiabilityInsurancePremium	48200000	eur
CY2021	san	Payment Of Civil Liability Insurance Premium PaymentOfCivilLiabilityInsurancePremium	25500000	eur
CY2022	san	Variable Remuneration Maximum Achievement Ratio VariableRemunerationMaximumAchievementRatio	1.25
CY2022	ifrs-full	Summary Quantitative Data About Entitys Exposure To Risk SummaryQuantitativeDataAboutEntitysExposureToRisk	These transactions were made on terms equivalent to those that prevail in arm’s-length transactions or the related compensation in kind was recognized:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.832%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR thousand</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans and credits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Guarantees</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans and credits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Guarantees</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Ana Botín-Sanz de Sautuola y O´Shea</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr José Antonio Álvarez Álvarez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Bruce Carnegie-Brown</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Javier Botín-Sanz de Sautuola y O´Shea</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Sol Daurella Comadrán</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Belén Romana García</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Ramiro Mato García-Ansorena</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Homaira Akbari</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Álvaro Cardoso de Souza</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Henrique de Castro</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Pamela Ann Walkden</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Luis Isasi Fernández de Bobadilla</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Sergio Agapito Lires Rial</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr R. Martín Chávez Márquez</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mrs Gina Lorenza Díez Barroso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mr Germán de la Fuente Escamilla</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">105</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">105</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">115</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">115</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:9pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:46.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.907%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: impaired</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Home purchase loans to families</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,688 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,088 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">288 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With mortgage guarantee</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,400 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,064 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:46.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.907%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: impaired</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Home purchase loans to families</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,324 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,860 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With mortgage guarantee</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,905 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,745 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:46.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.907%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: impaired</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Home purchase loans to families</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,605 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,850 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">387 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With mortgage guarantee</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,218 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,775 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Excess of gross exposure over maximum recoverable amount of effective collateral</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Specific allowance</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financing for construction and property development (including land) (business in Spain)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,327</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">211</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">94</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Memorandum items written-off assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">487</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:69.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.221%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Memorandum items: Data from the public consolidated balance sheet</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total loans and advances to customers excluding the Public sector (business in Spain) (Book value)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">250,702 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total consolidated assets (Total business) (Book value)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,734,659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses and credit risk allowances. Coverage for unimpaired assets (business in Spain)</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,311 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the detail of the assets foreclosed by the businesses in Spain at the end of 2022:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:50.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation adjustments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which impairment losses on assets since time of foreclosure</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net Carrying amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Property assets arising from financing provided to construction and property development companies</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,275</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,490</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Completed buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">713 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">583 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">743 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">341 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">157 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">127 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">556 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">559 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Buildings under construction</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,039 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,660 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,699 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Developed land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,286 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">689 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">415 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,753 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,651 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,245 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Property assets from home purchase mortgage loans to households</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">659</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">274</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">190</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">385</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other foreclosed property assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">80</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">61</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">96</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total property assets</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,451</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,526</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,971</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.608%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Portfolio</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Country</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total net direct exposure</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total net direct <br/>exposure</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,666 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">240 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,189 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,095 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,557 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Portugal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(299)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,750 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,544 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Italy</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,055)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">301 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,415 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">884 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Greece</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ireland</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest Eurozone</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">205 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">789 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,657 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,651 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,629 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">UK</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">315 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,738 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Poland</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,754 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,293 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,368 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,938 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,857 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,298 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,469 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazil</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,017 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,742 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,728 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,559 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexico</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,627 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,303 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,376 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,306 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,509 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chile</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">175 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">818 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,485 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,071 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of America</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">630 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,964 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,425 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of the World</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,012 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,542 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,337 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,013</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,669</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">73,211</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">134,893</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">119,020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:27.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.607%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Current refinancing and restructuring balances</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Amounts in EUR million, except number of transactions that are in units</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="21" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Without real guarantee</span></td><td colspan="12" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">With real guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:26pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Maximum amount of the actual collateral that can be considered</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impairment of accumulated value or accumulated losses in fair value due to credit risk</span></td></tr><tr style="height:18pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Real estate guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Rest of real guarantees</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">227 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other financial institutions and: individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,210 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">321 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Non-financial institutions and individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">312,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,578 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">60,003 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8,419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,790 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,834 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Of which financing for constructions and property development</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">15,578 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">208 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other warehouses</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5,878,455 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5,790 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">492,232 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,835 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,199,278</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">15,916</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">553,051</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">18,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">9,715</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">5,422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">8,266</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Financing classified as non-current assets and disposable groups of items that have been classified as held for sale</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.279%"><tr><td style="width:1.0%"/><td style="width:20.807%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.096%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.183%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.630%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.288%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.692%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.831%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Current refinancing and restructuring balances</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Amounts in EUR million, except number of transactions that are in units</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="24" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Of which, non-performing/Doubtful</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Without real guarantee</span></td><td colspan="12" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">With real guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:26pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Maximum amount of the actual collateral that can be considered</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impairment of accumulated value or accumulated losses in fair value due to credit risk</span></td></tr><tr style="height:18pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of<br/>transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Real estate guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Rest of real guarantees</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other financial institutions and: individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">641 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">620 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">135 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Non-financial institutions and individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">174,300 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">39,479 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,741 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">886 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Of which financing for constructions and property development</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10,325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">78 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,255 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">335 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other warehouses</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,735,412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,911 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">246,751 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,055 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,917 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">910 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,122 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,910,360</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">286,863</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">9,085</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">4,682</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,802</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,621</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Financing classified as non-current assets and disposable groups of items that have been classified as held for sale</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>The balance sheet items in the Group’s consolidated position that are subject to market risk are shown below, distinguishing those positions for which the main risk metric is VaR from those for which risk monitoring is carried out using other metrics:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:50.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.939%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Risk metric values on the consolidated balance sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #ee2724;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main market risk metric</span></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">VaR</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main risk factor for 'Other' balance</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets subject to market risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">223,073 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">223,073 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,118 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,118 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,713 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,711 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,002 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,989 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">815 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,174 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,239 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,941 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83,298 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at amortized cost</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,147,044 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,147,044 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, exchange rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of hedged items in portfolio hedges of interest risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,749)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,749)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other assets</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104,163 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,734,659</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities subject to market risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,185 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,185 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,947 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,947 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities at amortized cost</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,423,858 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,423,858 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, exchange rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of hedged items in portfolio hedges of interest rate risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(117)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(117)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,973 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,637,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,585</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table>
CY2022	ifrs-full	Disclosure Of Loans And Advances To Banks Explanatory DisclosureOfLoansAndAdvancesToBanksExplanatory	Loans and advances to central banks and credit institutions<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by classification, type and currency, of Loans and advances to central banks and credit institutions in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:61.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.346%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">CENTRAL BANKS</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Classification</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,595</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,608</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at<br/>fair value through profit or loss</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,481</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value<br/>through other comprehensive income</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at amortised cost</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,375</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,657</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,499</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,970</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,265</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,980</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Type</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Time deposits</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,180</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,275</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,757</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,990</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,223</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impaired assets</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Valuation adjustments for impairment</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,970</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,265</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,980</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">CREDIT INSTITUTIONS</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Classification</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,502</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,397</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at<br/>fair value through profit or loss</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">673</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,152</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,136</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value<br/>through other comprehensive income</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at amortised cost</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,518</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,169</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,838</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">63,693</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,718</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49,977</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Type</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Time deposits</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,891</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,684</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,338</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,321</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,853</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,862</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non- loans advances</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,487</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,188</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,784</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impaired assets</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Valuation adjustments for impairment</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">63,693</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,718</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49,977</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">CURRENCY</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Euro</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,024</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,286</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,260</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,474</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,228</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,127</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,468</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,639</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,209</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,863</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,011</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,437</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other currencies</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,834</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,819</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,924</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">90,663</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">71,983</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">71,957</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The loans and advances to credit institutions classified under 'Financial assets at amortised' cost are mainly time accounts and deposits.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 50 contains a detail of their residual maturity periods.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the gross exposure by impairment stage of the assets accounted for amounts to EUR 61,898 million, EUR 1 million and EUR 0 million (EUR 54,833, EUR 0 million and EUR 1 million in 2021 and EUR 50,344 million, EUR 0 million and EUR 1 million in 2020), and the loan loss provision by impairment stage amounts to EUR 6 million, EUR 0 million and EUR 0 million (EUR 8 million, EUR 0 million and EUR 0 million in 2021 and 2020) in stage 1, stage 2 and stage 3, respectively.</span></div></div></div>
CY2022	ifrs-full	Disclosure Of Debt Securities Explanatory DisclosureOfDebtSecuritiesExplanatory	Debt securities<div style="margin-bottom:3pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Detail</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by classification, type and currency, of Debt securities in the consolidated balance sheets is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:62.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.012%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="9" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Classification</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,403 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,750 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,894 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,134 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,542 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,516 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,979 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,083 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">97,922 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,903 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at amortised cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,554 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,708 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,078 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193,716</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,853</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Type</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spanish government debt securities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,876 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,638 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,397 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign government debt securities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">121,018 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102,976 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">110,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Issued by financial institutions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,176 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,324 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,133 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other fixed-income securities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,468 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,850 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,337 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impaired financial assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">401 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(226)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(215)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(284)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193,716</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,853</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Euro</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,903 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,197 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,850 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,732 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,372 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,749 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,009 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,841 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,907 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other currencies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,717 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,431 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,468 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Debt securities excluding impairment adjustments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193,942</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">164,068</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,838</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(226)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(215)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(284)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193,716</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,853</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The decrease in the year of the debt securities portfolio under the heading 'Financial assets at fair value with changes in other comprehensive income' of EUR 22,839 million is mainly due to portfolio sales performed during the year.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The increase in the debt securities portfolio under the heading 'Financial assets at amortized cost' of EUR 37,846 million during the year is mainly due to the origination of two new business models whose goal is to hold financial assets to collect contractual cash flows. These new business models pursue mainly two different strategies:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Optimization of excess liquidity for approximately 16,800 million through management aimed at making profitable the liquidity maintained on the balance sheet to comply with regulatory metrics through investment in HQLAs (High Quality Liquid Assets), basically, public debt instruments or bills very short-term central bank (terms not exceeding 2 years) and that offer higher returns than the alternative of keeping the cash deposited in the central bank, with the purpose of generating margin at maturity.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.94pt">Management of the maturity of the balance sheet for approximately EUR 14,500 million through the reconstruction of ALCO portfolios that contribute to the generation of financial margin to offset, at least partially, the higher financial cost derived from the increase in the cost of customer deposits and medium/long-term wholesale financing in the face of rising interest rates, while at the same time constituting a hedging position of the balance sheet/long-term financial margin against potential future decreases in interest rates. This investment is also made mainly through liquid assets, sovereign debt, but at longer periods (3, 5, 7, 10 years).</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> </span></div><div style="margin-bottom:9pt;margin-top:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, 2021 and 2020 the gross exposure by impairment stage of the book assets under IFRS 9 amounted to EUR 148,384 million, EUR 133,437 million and EUR 134,792 million in stage 1; EUR 75 million, EUR 128 million and EUR 72 million in stage 2, and EUR 404 million, EUR 280 million and EUR 401 million in stage 3, respectively.</span></div></div></div><div style="margin-bottom:6pt;margin-top:15pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Breakdown</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The breakdown, by origin of the issuer, of debt securities at 31 December 2022, 2021 and 2020, net of impairment losses, is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.974%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.392%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.392%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.572%"/><td style="width:0.1%"/></tr><tr><td colspan="45" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Private fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Public fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Private fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Public fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Private fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Public fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,015 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,876 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,891 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.40 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,773 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,638 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,411 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,588 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,397 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,985 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18.12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">United Kingdom</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,545 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,013 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,558 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.87 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,097 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,431 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,099 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,795 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,894 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Portugal</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,572 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,603 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,175 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.19 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,008 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,845 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,853 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,462 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,557 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Italy</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,948 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,329 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,277 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.31 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,215 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,531 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,746 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,047 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,688 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,735 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ireland</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,141 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,152 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.18 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,759 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,811 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,924 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,926 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Poland</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,830 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,443 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,273 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.34 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,848 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,727 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,575 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,126 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,526 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other European countries</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,161 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,655 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,816 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.20 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,922 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,344 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,891 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">United States</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,950 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,318 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,268 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16.14 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,634 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,099 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16.54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,386 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,645 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,031 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazil</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,201 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,191 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,392 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19.30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,446 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,697 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,179 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,316 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,495 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.80 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexico</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">481 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,578 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,059 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.32 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">517 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,572 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,089 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">435 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,053 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,488 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chile</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,009 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,037 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.18 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,467 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,518 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,082 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.60 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other American countries</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,560 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,960 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,520 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.88 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">655 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,128 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,783 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">274 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,098 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,372 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of the world</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">390 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,908 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,298 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.70 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,320 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">147,894</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193,716</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">40,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">123,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,853</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">140,967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by issuer rating, of Debt securities at 31 December 2022, 2021 and 2020 is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:12.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.277%"/><td style="width:0.1%"/></tr><tr><td colspan="45" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Private fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Public fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Private fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Public fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Private fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Public fixed-income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">AAA</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,481 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,494 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,975 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.80 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,956 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,773 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,729 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.82 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,088 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,099 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,187 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.17 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">AA</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,542 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,502 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,044 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.67 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,355 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,360 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17.31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,714 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,784 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,498 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">A</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,058 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,341 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,399 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30.15 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,594 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,359 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,953 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32.32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,228 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,655 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,883 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33.92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">BBB</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,181 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,900 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,081 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18.11 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,234 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,538 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,515 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,204 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,719 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Below BBB</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,974 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,657 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,631 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18.91 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,584 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,823 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,407 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,431 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,595 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unrated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,586 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,586 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.37 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,866 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,866 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.97 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,611 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,672 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.08 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">147,894</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193,716</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">40,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">123,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163,853</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">140,967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2022, 2021 and 2020, the distribution of the exposure by rating level of the previous table has not been affected by ratings reviews of the sovereign issuers.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by type of financial instrument, of private fixed-income securities at 31 December 2022, 2021 and 2020, net of impairment losses, is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:49.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Securitised mortgage bonds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,222 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,806 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,926 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset-backed bonds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,120 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,479 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Floating rate debt</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,397 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,829 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fixed rate debt</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,083 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,048 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,353 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">40,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Impairment losses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the impairment losses on debt securities are summarised below:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:53.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">215 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">474 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net impairment losses for the year</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses charged to income </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses reversed with a credit to income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(14)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(269)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">226</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">284</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">By geographical location of risk:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">European Union</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Latin America</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">200 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">190 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">263 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Of the EUR 16 million corresponding to net provisions for the year ended 31 December 2022 (EUR 28 million and EUR 79 million at 31 December 2021 and 2020, respectively), EUR 17 million relates to financial assets at amortized cost (EUR 31 million and EUR 77 million at 31 December 2021 and 2020, respectively) and EUR -1 million relates to financial assets designated at fair value through other comprehensive income (EUR -3 million and EUR 2 million at 31 December 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, 2021 and 2020 the loan loss provision by impairment stage of the assets accounted for under IFRS9 amounted to EUR 25 million, EUR 26 million and EUR 25 million in stage 1, EUR 2 million, EUR 8 million and EUR 2 million in stage 2, and EUR 199 million, EUR 181 million and EUR 257 million in stage 3, respectively.</span></div>
CY2022Q4	ifrs-full	Financial Assets FinancialAssets	193716000000	eur
CY2021Q4	ifrs-full	Financial Assets FinancialAssets	163853000000	eur
CY2020Q4	ifrs-full	Financial Assets FinancialAssets	176554000000	eur
CY2022Q4	ifrs-full	Financial Assets FinancialAssets	193716000000	eur
CY2021Q4	ifrs-full	Financial Assets FinancialAssets	163853000000	eur
CY2020Q4	ifrs-full	Financial Assets FinancialAssets	176554000000	eur
CY2022	san	Increase Decrease In Financial Assets At Fair Value Through Other Comprehensive Income IncreaseDecreaseInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome	-22839000000	eur
CY2022	san	Increase Decrease In Financial Assets At Amortised Cost IncreaseDecreaseInFinancialAssetsAtAmortisedCost	37846000000	eur
CY2022	san	Number Of New Business Models NumberOfNewBusinessModels	2	business_model
CY2022	san	Number Of Different Strategies NumberOfDifferentStrategies	2	strategy
CY2022	san	Optimisation Of Excess Liquidity Strategy Amount OptimisationOfExcessLiquidityStrategyAmount	16800000000	eur
CY2022	san	Management Of The Maturity Of Balance Sheet Strategy Amount ManagementOfTheMaturityOfBalanceSheetStrategyAmount	14500000000	eur
CY2021Q4	ifrs-full	Financial Assets FinancialAssets	163853000000	eur
CY2021Q4	san	Financial Assets Percentage FinancialAssetsPercentage	1
CY2020Q4	ifrs-full	Financial Assets FinancialAssets	176554000000	eur
CY2020Q4	san	Financial Assets Percentage FinancialAssetsPercentage	1
CY2022	ifrs-full	Disclosure Of Detailed Information About Financial Instruments Explanatory DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by type of financial instrument, of private fixed-income securities at 31 December 2022, 2021 and 2020, net of impairment losses, is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:49.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Securitised mortgage bonds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,222 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,806 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,926 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset-backed bonds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,120 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,479 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Floating rate debt</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,397 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,829 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fixed rate debt</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,083 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,048 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,353 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">40,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Reconciliation Of Changes In Loss Allowance And Explanation Of Changes In Gross Carrying Amount For Financial Instruments Explanatory DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the impairment losses on debt securities are summarised below:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:53.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">215 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">474 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net impairment losses for the year</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses charged to income </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses reversed with a credit to income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(14)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(269)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">226</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">284</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">By geographical location of risk:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">European Union</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Latin America</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">200 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">190 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">263 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Of the EUR 16 million corresponding to net provisions for the year ended 31 December 2022 (EUR 28 million and EUR 79 million at 31 December 2021 and 2020, respectively), EUR 17 million relates to financial assets at amortized cost (EUR 31 million and EUR 77 million at 31 December 2021 and 2020, respectively) and EUR -1 million relates to financial assets designated at fair value through other comprehensive income (EUR -3 million and EUR 2 million at 31 December 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the movement of the loan loss provision broken down by impairment stage of loans and advances to customers during 2022, 2021 and 2020:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:39.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loss allowance at the beginning of the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,188 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,226 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,550 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,964 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(713)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,046 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,333 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(557)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,586 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,802)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,380 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">215 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(894)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(679)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(533)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(161)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(152)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes of the exposure and modifications in the credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">414 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,056)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,298 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX and other movements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">207 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loss allowance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,931</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,684</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loss allowance at the beginning of the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,265 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,672 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,658 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(578)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,968 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(237)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,972 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,086)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,474 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,388 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">254 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,025)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(771)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">216 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(760)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(67)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(59)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes of the exposure and modifications in the credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">617 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,557)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,326 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,386 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX and other movements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(201)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(304)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loss allowance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,188</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,226</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,550</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,964</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loss allowance at the beginning of the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,835 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,474 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,933 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,242 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,040)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,880 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,840 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(255)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,386 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,131 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(971)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,066 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(976)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(682)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">303 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(727)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(424)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(138)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(85)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes of the exposure and modifications in the credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,966 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">535 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,009 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,510 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX and other movements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(588)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(573)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,941)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,102)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loss allowance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,265</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,672</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in gross property development loans to customers were as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.346%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="9" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at beginning of year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,625</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,871</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,939</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreclosed assets</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reductions</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(295)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(230)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Written-off assets</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(38)</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,327</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,625</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,871</span></td></tr></table></div>
CY2022	ifrs-full	Disclosure Of Loans And Advances To Customers Explanatory DisclosureOfLoansAndAdvancesToCustomersExplanatory	Loans and advances to customers<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Detail</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by classification, of Loans and advances to customers in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.166%"><tr><td style="width:1.0%"/><td style="width:49.521%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.359%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.359%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.361%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,550 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,829 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through<br/>profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">868 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">537 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">552 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,774 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,289 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,121 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,215 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,663 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,267 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at amortized cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,011,597 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">947,364 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">881,963 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(22,684)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(22,964)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(23,595)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,036,004 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">972,682 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">916,199 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans and advances to customers disregarding impairment losses </span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,058,688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">995,646</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">939,794</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 50 contains a detail of the residual maturity periods of 'Financial assets at amortized cost'.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 53 shows the Group’s total exposure, by geographical origin of the issuer.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There are no loans and advances to customers for material amounts without fixed maturity dates.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a breakdown of the loans and advances granted to the Group's customers, which reflect the Group's exposure to credit risk in its main activity, without considering the balance of value adjustments for impairment, taking into account the type and situation of the transactions, the geographical area of their residence and the type of interest rate on the transactions:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:51.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.643%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loan type and status</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commercial credit</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56,688 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,603 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,459 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Secured loans</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">565,609 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">542,404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">503,014 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,500 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,264 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,702 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other term loans</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">290,031 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">269,526 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">269,143 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Finance leases</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,833 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Receivable on demand</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,435 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,903 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit cards receivables</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,704 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,397 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,507 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impaired assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,888 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,645 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,815 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,058,688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">995,646</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">939,794</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Geographical area</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">212,804 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">216,741 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">215,330 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">European Union (excluding Spain)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">202,958 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">190,032 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">192,988 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">United States and Puerto Rico</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125,436 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102,491 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">93,405 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other OECD countries</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">385,906 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">374,729 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">338,362 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">South America (non - OECD)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,803 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">94,010 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,629 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of the world</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,781 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,643 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,080 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,058,688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">995,646</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">939,794</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate formula</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fixed rate</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">642,537 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">593,645 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">550,883 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Floating rate</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">416,151 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">402,001 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">388,911 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,058,688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">995,646</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">939,794</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Includes, mainly, customers from the United Kingdom.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, 2021 and 2020 the Group had granted loans amounting to EUR 14,698 million, EUR 14,131 million and EUR 12,104 million to Spanish public sector agencies which had a rating at 31 December 2022 of A (ratings of A at 31 December 2021 and 31 December 2020), and EUR 12,467 million, EUR 10,263 million, and EUR 10,779 million to the public sector in other countries (at 31 December 2022, the breakdown of this amount by issuer rating was as follows: 3.6% AAA, 17% AA, 1% A, 70.8% BBB, 6.8% below BBB and 0.8% without rating).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Without considering the public administrations, the amount of the loans and advances at 31 December 2022, 2021 and 2020 amounts to EUR 1,031,523 million, EUR 916,911 million and EUR 942,249 million, of which, EUR 998,689 million, EUR 939,645 million and EUR 886,118 million are classified as performing, respectively.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a detail, by activity, of the loans to customers at 31 December 2022, net of impairment losses:</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:28.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.460%"/><td style="width:0.1%"/></tr><tr><td colspan="33" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Secured loans</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net exposure</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loan to value ratio</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Without <br/>collateral</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which<br/>property<br/> collateral</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which<br/>other<br/> collateral</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Less than or equal to 40%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More<br/>than 40% and less than or equal<br/>to 60%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More<br/>than 60% and less than or equal<br/>to 80%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More<br/>than 80% and less than or equal<br/>to 100%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 100%</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,436 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,410 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">157 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">869 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">862 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial institutions (financial business activity)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83,091 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,950 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,223 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,918 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,677 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">739 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">619 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-financial corporations and individual entrepreneurs (non-financial business activity) (broken down by purpose)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">345,083 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">195,015 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,973 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,327 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,813 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,306 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,649 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Construction and property development</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,320 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,561 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,673 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,086 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,572 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Civil engineering construction</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,959 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,895 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">915 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Large companies</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">188,730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">127,137 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,751 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">41,842 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,650 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,642 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,690 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29,228 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,383 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">SMEs and individual entrepreneurs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">133,074 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">64,422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">32,490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">36,162 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,692 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,175 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Households – other (broken down by purpose) </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">562,078 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">105,335 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">368,242 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88,501 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104,249 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">126,361 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">127,779 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,685 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,669 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">361,235 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,524 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">359,072 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">639 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97,155 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">118,774 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">116,484 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">24,415 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,883 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Consumer loans</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182,097 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">100,686 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,118 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">79,293 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,436 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,183 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34,501 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29,997 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other purposes</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">18,746 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,052 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,569 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,658 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,001 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,769 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">789 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,014,688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">352,710</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">443,685</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">218,293</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">134,460</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">154,438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">148,349</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">166,787</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">57,944</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Memorandum item</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Refinanced and restructured transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,907 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,662 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,001 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,244 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,566 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,006 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,611 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,422 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,640 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">In addition, the Group has granted advances to customers amounting to</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> EUR 21,316 millio</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">n, bri</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">nging the total of loans and advances to EUR 1,036,004 million.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes the net balance of the impairment of the accumulated value or accumulated losses in the fair value due to credit risk.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">The ratio is the carrying amount of the transactions at 31 December 2022 provided by the latest available appraisal value of the collateral.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:12pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 53 contains information relating to the forborne loan portfolio.</span></div><div style="margin-bottom:9pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the movement of the gross exposure broken down by impairment stage of loans and advances to customers recognised under "Financial assets at amortised cost" and “Financial assets at fair value through other comprehensive income” during 2022, 2021 and 2020:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at the beginning of year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">878,700 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">67,584 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,287 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">977,571 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Movements</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31,811)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,811 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11,143)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,143 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,487)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,487 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,907 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18,907)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,250)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(456)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes on financial assets</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">86,459 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,839)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,568)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,052 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,293 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,786 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">942,861</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">66,696</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">32,617</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,042,174</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.876%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at the beginning of year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">817,906 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66,104 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,318 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">914,328 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Movements</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers </span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33,051)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,051 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,617)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,617 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,836)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,836 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,796 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,796)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,865 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,865)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(271)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes on financial assets </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,629 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11,629)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(719)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50,281 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,825 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">460 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,051 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">878,700</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">67,584</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,287</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">977,571</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:39.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at the beginning of year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">849,939 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50,476 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,837 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">932,252 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Movements</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(43,170)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,120)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,120 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,734)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,734 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,459 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13,459)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,831 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,831)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">578 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(578)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes on financial assets</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,555 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,951)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(659)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,945 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51,335)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,229)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,375)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58,939)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">817,906</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">66,104</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,318</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">914,328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">It includes the effect of the stage 3 definition alignment with the accounting default definition, mainly by Santander Consumer USA.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, at 31 December 2022, the Group had EUR 322 million (EUR 420 million at 31 December 2021 and EUR 497 million at 31 December 2020) of exposure in assets purchased with impairment of which EUR 271 million still show signs of impairment, which correspond mainly to the business combinations carried out by the Group.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span><br/></span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Impairment losses on loans and advances to customers at amortised cost and at fair value through other comprehensive income</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the impairment losses on the assets making up the balances of financial assets at amortised cost and at fair value through other comprehensive income - Loans and advances - Customers:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Amount at beginning of the year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,964 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,242 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses charged to income for the year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,676 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,762 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,385 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses charged to profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,879 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">18,240 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,909 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impairment losses reversed with a credit to profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8,203)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(9,478)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7,524)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Change of perimeter</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(82)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-off of impaired balances against recorded impairment allowance</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other changes</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">279 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(304)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,020)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amount at end of the year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,684</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,964</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Which correspond to:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Impaired assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,931 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,658 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,753 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,414 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,937 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Individually calculated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,493 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Collective calculated</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,191 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,468 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,916 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, provisions for debt securities amounting to EUR 16 million were recorded at 31 December 2022 (provisions amounting to EUR 28 million and EUR 79 million as of 31 December 2021 and 2020, respectively), written-off assets recoveries have been recorded in the year amounting to EUR 1,459 million at 31 December 2022 (EUR 1,383 million and EUR 1,221 million at 31 December 2021 and 2020, respectively). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">EUR 630 million were recorded in the account for losses on renegotiation or contractual modification at 31 December 2022 (EUR 0 and EUR 139 million at 31 December 2021 and 2020, respectively) mainly due to the impact, on the one hand, of the Moratorium law approved in July 2022 in Poland, and, on the other hand, of the adjustment of the gross amount of mortgage loans denominated and indexed to foreign currencies in this same country (see note 25.e.).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With this, the impairment recorded in Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes: 'Financial assets at fair value through other comprehensive income' and 'Financial assets at amortised cost'; amounts EUR 10,863 million at 31 December 2022 (EUR 7,407 million and EUR 12,382 million at 31 December 2021 and 2020, respectively).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the movement of the loan loss provision broken down by impairment stage of loans and advances to customers during 2022, 2021 and 2020:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:39.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loss allowance at the beginning of the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,188 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,226 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,550 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,964 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(713)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,046 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,333 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(557)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,586 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,802)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,380 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">215 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(894)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(679)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(533)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(161)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(152)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes of the exposure and modifications in the credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">414 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,056)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,298 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX and other movements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">207 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loss allowance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,931</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,684</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loss allowance at the beginning of the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,265 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,672 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,658 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(578)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,968 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(237)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,972 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,086)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,474 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,388 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">254 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,025)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(771)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">216 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(760)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(67)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(59)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes of the exposure and modifications in the credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">617 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,557)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,326 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,386 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX and other movements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(201)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(304)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loss allowance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,188</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,226</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,550</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,964</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loss allowance at the beginning of the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,835 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,474 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,933 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,242 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,040)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,880 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,840 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 1</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(255)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,386 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,131 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 3 from stage 2</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(971)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,066 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 2</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(976)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(682)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 2 from stage 3</span></td><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">303 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(727)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(424)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To stage 1 from stage 3</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#c3dee7;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(138)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(85)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net changes of the exposure and modifications in the credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,966 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">535 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,009 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,510 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Write-offs</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">FX and other movements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(588)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(573)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,941)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,102)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loss allowance at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,265</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,672</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Impaired assets and assets with unpaid past-due amounts</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of the changes in the balance of the financial assets classified as 'Financial assets Loans to customers' considered to be impaired due to credit risk is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:51.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.643%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,645 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,815 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,543 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net additions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,060 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,577 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Written-off assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,235)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,089)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,930)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the scope of consolidation</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">418 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,336)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">32,888</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,645</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,815</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This amount, after deducting the related allowances, represents the Group’s best estimate of the discounted value of the flows that are expected to be recovered from the impaired assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, the Group’s written-off assets totalled EUR 43,675 million (EUR 40,585 million and EUR 39,087 million at 31 December 2021 and 2020, respectively).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Set forth below for each class of impaired asset are the gross amount, associated allowances and information relating to the collateral and/or other credit enhancements obtained at 31 December 2022:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:41.801%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.346%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross<br/>amount</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Allowance recognised</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated collateral<br/>value</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without associated real collateral</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,066 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,684 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With real estate collateral</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,909 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,889 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,848 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With other collateral</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,913 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,358 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,998 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">32,888</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,931</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,846</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including the estimated value of the collateral associated with each loan. Accordingly, any other cash flows that may be obtained, such as those arising from borrowers’ personal guarantees, are not included.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When classifying assets in the previous table, the main factors considered by the Group to determine whether an asset has become impaired are the existence of amounts past due —assets impaired due to arrears— or other circumstances may be arise which will not result in all contractual cash flow being recovered, such as a deterioration of the borrower’s financial situation, the worsening of its capacity to generate funds or difficulties experienced by it in accessing credit.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">e) Transferred credits</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Loans and advances to customers' includes, inter alia, the securitised loans transferred to third parties on which the Group has retained the risks and rewards, albeit partially, and which therefore, in accordance with the applicable accounting standards, cannot be derecognised. This is mainly due to mortgage loans, loans to companies and consumer loans in which the group retains subordinate financing and/or grants some kind of credit enhancement to new holders.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Securitisation is used as a tool for the management of regulatory capital and as a means of diversifying the Group's liquidity sources.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The breakdown of securitized loans held on the balance sheet, according to the nature of the financial instrument in which they are originated, is shown below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:49.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Retained on the balance sheet</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,603 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80,600 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88,662 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securitised mortgage assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,265 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,523 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30,145 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which: UK assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,144 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,034 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other securitised assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">66,338 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61,077 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">58,517 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">82,603</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">80,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">88,662</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Note 22 details the liabilities associated with these securitisation transactions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, Grupo Santander had loans that had been fully derecognised and for which it retained servicing amounting to EUR 13,711 million (EUR 14,141 million and EUR 13,999 million at 31 December 2021 and 2020, respectively).</span></div></div>
CY2022Q4	san	Loans To Customers Net Of Impairment Losses LoansToCustomersNetOfImpairmentLosses	1014688000000	eur
CY2022Q4	san	Refinanced And Restructured Transactions RefinancedAndRestructuredTransactions	25907000000	eur
CY2022Q4	san	Advances To Customers AdvancesToCustomers	21316000000	eur
CY2022	ifrs-full	Disclosure Of Transfers Of Financial Assets Explanatory DisclosureOfTransfersOfFinancialAssetsExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The breakdown of securitized loans held on the balance sheet, according to the nature of the financial instrument in which they are originated, is shown below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:49.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Retained on the balance sheet</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,603 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80,600 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88,662 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Securitised mortgage assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,265 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,523 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30,145 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which: UK assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,144 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,034 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other securitised assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">66,338 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61,077 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">58,517 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">82,603</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">80,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">88,662</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Note 22 details the liabilities associated with these securitisation transactions.</span></div>
CY2022	ifrs-full	Disclosure Of Derivative Financial Instruments Explanatory DisclosureOfDerivativeFinancialInstrumentsExplanatory	Trading derivatives<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of the notional amounts and the market values of the trading derivatives held by the Group in 2022, 2021 and 2020 is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:36.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Notional amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Market<br/>value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Notional amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Market<br/>value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Notional amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Market<br/>value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Trading derivatives</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Forward rate agreements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100,579 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">147,603 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">515,889 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate swaps</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,844,043 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,387 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,920,945 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,931 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,789,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,638 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options, futures and other derivatives</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">495,994 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,261)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">508,723 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(228)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">698,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(891)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit default swaps</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,185 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,571 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">436 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,378 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(133)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign currency risk</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign currency purchases and sales</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">384,024 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">423 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">329,781 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(664)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">304,280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(45)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign currency options</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,967 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">150 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,680 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(114)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,074 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Currency swaps</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">496,441 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(245)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">430,644 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,293)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">394,178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(814)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Securities and commodities derivatives and other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,237 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">641 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69,850 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">669 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70,861 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">920 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,463,470</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,111</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,470,797</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">726</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,830,329</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,668</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Noncurrent Assets Or Disposal Groups Classified As Held For Sale Explanatory DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory	Non-current assets<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Non-current assets held for sale in the consolidated balance sheets is as follows: </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,435 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,089 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,445 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Foreclosed assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,101 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,651 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which property assets in Spain</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,596 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,120 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,485 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other tangible assets held for sale</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">334 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">438 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">364 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,453</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,089</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,445</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">At 31 December 2022, the provisions recognised for the total non-current assets held for sale totalled EUR 3,425 million (EUR 3,811 million and EUR 4,104 million at 31 December 2021 and 2020, respectively). The charges recorded in those years amounted to EUR 204 million, EUR 239 million and EUR 250 million, respectively, and the recoveries during these exercises are amounted to EUR 110 million, EUR 98 million and EUR 35 million, respectively.</span></div>
CY2022	ifrs-full	Disclosure Of Interests In Other Entities Explanatory DisclosureOfInterestsInOtherEntitiesExplanatory	Investments<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by company, of Investments is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:64.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.319%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.319%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.322%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associated entities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,634</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,130</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Merlin Properties, SOCIMI, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,640 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,581 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Caceis</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,046 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">975 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Metrovacesa, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">979 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,087 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,157 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Zurich Santander Insurance<br/>America, S.L. - Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">916 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">826 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">955 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CNP Santander</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">406 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">418 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ebury Partners Limited (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">394 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">388 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">634 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">533 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Joint Ventures entities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,981</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,692</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,492</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">U.C.I., S.A. - Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">416 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">228 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Caceis Latam Holding 1, S.L. - Consolidated (previously Santander Securities Services Latam Holding, S.L)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">359 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">326 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Vida Seguros y Reaseguros, S.A. (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">356 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">378 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fortune Auto Finance Co., ltd</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">244 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">222 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hyundai Capital UK Limited</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">223 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco RCI Brasil S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">288 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">237 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Associated entities and Joint ventures</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,615</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,525</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,622</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Of the entities included above, at 31 December 2022, the entities Merlin Properties, SOCIMI, S.A, Metrovacesa S.A. and Compañía Española de Viviendas en Alquiler, S.A. are the only listed companies.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Below is a breakdown of the Goodwill of the main investments in joint ventures and associates included in the balance of this heading:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:50.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.951%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Goodwill</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,508</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,723</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,862</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Zurich Santander Insurance America, S.L. - Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">526 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">526 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">526 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Caceis</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">337 </span></td><td style="background-color:#edf5f8;border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">337 </span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">337 </span></td><td style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Changes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the investments were as follows:</span></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:58.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.481%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,525 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,622 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,772 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Acquisitions (disposals) of companies and capital increases (reductions)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">142 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">94 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">676 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Ebury Partners Limited (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">409 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Vida Seguros y Reaseguros, S.A. (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">219 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the consolidation method (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(320)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,359)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Ebury Partners Limited </span></td><td colspan="2" style="background-color:#edf5f8;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(382)</span></td><td style="background-color:#edf5f8;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 6.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Project Quasar Investments 2017, S.L.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(956)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Popular Spain Holding de Inversiones, S.L.U. (former Allianz Popular, S.L.) </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(409)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of equity accounting</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">702 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">432 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(96)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Dividends distributed and reimbursements of share premium</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(560)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(662)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(186)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Zurich Santander Insurance America S.L. - Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(160)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(230)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(80)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Caceis</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(144)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">CNP Santander</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(60)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Metrovacesa, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(124)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(60)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Vida Seguros y Reaseguros, S.A.- Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(40)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(37)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Merlin Properties, SOCIMI, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(139)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(52)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other global result</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other changes</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(184)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,615</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,525</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,622</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Impairment adjustments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During the years 2022, 2021 and 2020 there was no evidence of significant impairment in the Group's associated interests.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Other information</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">A summary of the financial information at the end of December 2022 of the main associates and joint ventures (obtained from the information available at the date of preparation of the consolidated financial statements) is shown below:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:17.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.392%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.573%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="36" style="border-bottom:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="15" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Associates</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Joint ventures</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Merlin Properties, SOCIMI, S.A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:3.9pt;font-weight:700;line-height:105%;position:relative;top:-2.1pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Metrovacesa, S.A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:3.9pt;font-weight:700;line-height:105%;position:relative;top:-2.1pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Caceis</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Zurich Santander Insurance América, S.L. - Consolidated</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">CNP Santander</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Santander Caceis Latam Holding, S.L. - Consolidated</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">U.C.I., S.A. - Consolidated</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Hyundai Capital UK Limited</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Fortune Auto Finance Co., LTD</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Santander Vida Seguros y Reaseguros, S.A.- Consolidated (note 3)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Banco RCI Brasil S.A.</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Current assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,038 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,200 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">36,702 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,027 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">166 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">191 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">308 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,593 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">176 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">79 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Non current assets</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">13,234 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">577 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">87,638 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">16,216 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,168 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">497 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">11,228 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,064 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,863 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,725 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,939 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">14,272</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,777</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">124,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">17,243</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,334</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">11,536</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">4,657</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,039</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,804</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,944</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Current liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">737 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">364 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">9,629 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">337 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">188 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">182 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,346 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">190 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">109 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Non current liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">6,508 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">110,251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">15,907 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,907 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">10,574 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,868 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,521 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,051 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,582 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">7,245</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">698</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">119,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">16,244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,926</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">198</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">10,756</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">4,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,550</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,241</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,691</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Attributable profit for the period</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">512 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">278 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">471 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">93 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">67 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(63)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">68 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">57 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Other accumulated comprehensive income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(759)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(86)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(242)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(217)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Rest of equity</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">6,483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,060 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">4,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">1,287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">401 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">665 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">394 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">420 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">525 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Total Equity</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">7,027</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,079</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">4,460</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">999</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">408</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">490</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">780</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">443</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">563</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">253</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">Total liabilities and equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">14,272</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,777</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">124,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">17,243</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,334</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">688</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">11,536</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">4,657</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">2,039</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,804</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:700;line-height:105%">1,944</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Ordinary activities income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">551 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">511 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">2,770 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">4,771 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">816 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">120 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">263 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">257 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">784 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">292 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Profit (loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">512 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">278 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">93 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">(63)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">57 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">Profit (loss) for the year from discontinuing operations</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:6pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Data as of 31 December 2021, latest accounts available.</span></div>
CY2022	ifrs-full	Disclosure Of Investments Accounted For Using Equity Method Explanatory DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by company, of Investments is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:64.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.319%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.319%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.322%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associated entities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,634</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,130</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Merlin Properties, SOCIMI, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,640 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,581 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Caceis</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,046 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">975 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Metrovacesa, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">979 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,087 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,157 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Zurich Santander Insurance<br/>America, S.L. - Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">916 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">826 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">955 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CNP Santander</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">406 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">418 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ebury Partners Limited (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">394 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">388 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">634 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">533 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Joint Ventures entities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,981</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,692</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,492</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">U.C.I., S.A. - Consolidated</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">416 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">228 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Caceis Latam Holding 1, S.L. - Consolidated (previously Santander Securities Services Latam Holding, S.L)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">359 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">326 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Vida Seguros y Reaseguros, S.A. (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">356 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">378 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fortune Auto Finance Co., ltd</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">244 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">222 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hyundai Capital UK Limited</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">223 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco RCI Brasil S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">288 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">237 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Associated entities and Joint ventures</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,615</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,525</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,622</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	ifrs-full	Investments In Associates Accounted For Using Equity Method InvestmentsInAssociatesAccountedForUsingEquityMethod	5634000000	eur
CY2021Q4	ifrs-full	Investments In Associates Accounted For Using Equity Method InvestmentsInAssociatesAccountedForUsingEquityMethod	5833000000	eur
CY2020Q4	ifrs-full	Investments In Associates Accounted For Using Equity Method InvestmentsInAssociatesAccountedForUsingEquityMethod	6130000000	eur
CY2022Q4	ifrs-full	Investments In Joint Ventures Accounted For Using Equity Method InvestmentsInJointVenturesAccountedForUsingEquityMethod	1981000000	eur
CY2021Q4	ifrs-full	Investments In Joint Ventures Accounted For Using Equity Method InvestmentsInJointVenturesAccountedForUsingEquityMethod	1692000000	eur
CY2020Q4	ifrs-full	Investments In Joint Ventures Accounted For Using Equity Method InvestmentsInJointVenturesAccountedForUsingEquityMethod	1492000000	eur
CY2022Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7615000000	eur
CY2021Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7525000000	eur
CY2020Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7622000000	eur
CY2021Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7525000000	eur
CY2020Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7622000000	eur
CY2019Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	8772000000	eur
CY2022	san	Investments In Subsidiaries Joint Ventures And Associates Acquisitions Disposals And Capital Increases Reductions InvestmentsInSubsidiariesJointVenturesAndAssociatesAcquisitionsDisposalsAndCapitalIncreasesReductions	142000000	eur
CY2021	san	Investments In Subsidiaries Joint Ventures And Associates Acquisitions Disposals And Capital Increases Reductions InvestmentsInSubsidiariesJointVenturesAndAssociatesAcquisitionsDisposalsAndCapitalIncreasesReductions	94000000	eur
CY2020	san	Investments In Subsidiaries Joint Ventures And Associates Acquisitions Disposals And Capital Increases Reductions InvestmentsInSubsidiariesJointVenturesAndAssociatesAcquisitionsDisposalsAndCapitalIncreasesReductions	676000000	eur
CY2022	san	Changes In Scope Of Consolidation ChangesInScopeOfConsolidation	-320000000	eur
CY2021	san	Changes In Scope Of Consolidation ChangesInScopeOfConsolidation	0	eur
CY2020	san	Changes In Scope Of Consolidation ChangesInScopeOfConsolidation	-1359000000	eur
CY2022	ifrs-full	Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod	702000000	eur
CY2021	ifrs-full	Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod	432000000	eur
CY2020	ifrs-full	Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod	-96000000	eur
CY2022	san	Dividends Paid And Reimbursements Of Share Premium DividendsPaidAndReimbursementsOfSharePremium	560000000	eur
CY2021	san	Dividends Paid And Reimbursements Of Share Premium DividendsPaidAndReimbursementsOfSharePremium	662000000	eur
CY2020	san	Dividends Paid And Reimbursements Of Share Premium DividendsPaidAndReimbursementsOfSharePremium	186000000	eur
CY2022	san	Other Global Result OtherGlobalResult	-70000000	eur
CY2021	san	Other Global Result OtherGlobalResult	13000000	eur
CY2020	san	Other Global Result OtherGlobalResult	1000000	eur
CY2022	san	Exchange Differences And Other Changes ExchangeDifferencesAndOtherChanges	56000000	eur
CY2021	san	Exchange Differences And Other Changes ExchangeDifferencesAndOtherChanges	52000000	eur
CY2020	san	Exchange Differences And Other Changes ExchangeDifferencesAndOtherChanges	-184000000	eur
CY2022Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7615000000	eur
CY2021Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7525000000	eur
CY2020Q4	ifrs-full	Investment Accounted For Using Equity Method InvestmentAccountedForUsingEquityMethod	7622000000	eur
CY2022Q4	ifrs-full	Assets Arising From Insurance Contracts AssetsArisingFromInsuranceContracts	104000000	eur
CY2021Q4	ifrs-full	Assets Arising From Insurance Contracts AssetsArisingFromInsuranceContracts	149000000	eur
CY2020Q4	ifrs-full	Assets Arising From Insurance Contracts AssetsArisingFromInsuranceContracts	174000000	eur
CY2022	ifrs-full	Disclosure Of Insurance Contracts Explanatory DisclosureOfInsuranceContractsExplanatory	Liabilities and assets under insurance contracts and reinsurance assets<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Liabilities under insurance contracts and reinsurance assets in the consolidated balance sheets (see note 2.j) is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:18.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.017%"/><td style="width:0.1%"/></tr><tr><td colspan="36" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Technical provisions for:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Direct insurance and reinsurance assumed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reinsurance<br/>ceded</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total<br/>(balance<br/>payable)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Direct<br/>insurance<br/>and<br/>reinsurance<br/>assumed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reinsurance<br/>ceded</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total<br/>(balance<br/>payable)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Direct<br/>insurance<br/>and<br/>reinsurance<br/>assumed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reinsurance<br/>ceded</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total<br/>(balance<br/>payable)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unearned premiums and unexpired risks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(45)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Life insurance</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">226 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(173)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(150)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(137)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Unearned premiums and risks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">163 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(150)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">126 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(122)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Mathematical provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(23)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">40 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Claims outstanding</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">389 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">338 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">396 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">561 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(59)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Bonuses and rebates</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other technical provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(308)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">439</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">770</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(283)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">487</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">910</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(261)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Net Gross And Reinsurers Share For Amounts Arising From Insurance Contracts Explanatory DisclosureOfNetGrossAndReinsurersShareForAmountsArisingFromInsuranceContractsExplanatory	<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Liabilities under insurance contracts and reinsurance assets in the consolidated balance sheets (see note 2.j) is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:18.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.017%"/><td style="width:0.1%"/></tr><tr><td colspan="36" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Technical provisions for:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Direct insurance and reinsurance assumed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reinsurance<br/>ceded</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total<br/>(balance<br/>payable)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Direct<br/>insurance<br/>and<br/>reinsurance<br/>assumed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reinsurance<br/>ceded</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total<br/>(balance<br/>payable)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Direct<br/>insurance<br/>and<br/>reinsurance<br/>assumed</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reinsurance<br/>ceded</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total<br/>(balance<br/>payable)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unearned premiums and unexpired risks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(50)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(45)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Life insurance</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">226 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(173)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(150)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(137)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Unearned premiums and risks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">163 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(150)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">126 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(122)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Mathematical provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(23)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">40 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Claims outstanding</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">389 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">338 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">396 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">561 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(59)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Bonuses and rebates</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other technical provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(308)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">439</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">770</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(283)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">487</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">910</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(261)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	ifrs-full	Liabilities Arising From Insurance Contracts LiabilitiesArisingFromInsuranceContracts	747000000	eur
CY2022Q4	ifrs-full	Assets Under Reinsurance Ceded AssetsUnderReinsuranceCeded	308000000	eur
CY2022Q4	san	Net Liabilities Under Insurance Contracts And Reinsurance Contracts Issued NetLiabilitiesUnderInsuranceContractsAndReinsuranceContractsIssued	439000000	eur
CY2021Q4	ifrs-full	Liabilities Arising From Insurance Contracts LiabilitiesArisingFromInsuranceContracts	770000000	eur
CY2021Q4	ifrs-full	Assets Under Reinsurance Ceded AssetsUnderReinsuranceCeded	283000000	eur
CY2021Q4	san	Net Liabilities Under Insurance Contracts And Reinsurance Contracts Issued NetLiabilitiesUnderInsuranceContractsAndReinsuranceContractsIssued	487000000	eur
CY2020Q4	ifrs-full	Liabilities Arising From Insurance Contracts LiabilitiesArisingFromInsuranceContracts	910000000	eur
CY2020Q4	ifrs-full	Assets Under Reinsurance Ceded AssetsUnderReinsuranceCeded	261000000	eur
CY2020Q4	san	Net Liabilities Under Insurance Contracts And Reinsurance Contracts Issued NetLiabilitiesUnderInsuranceContractsAndReinsuranceContractsIssued	649000000	eur
CY2022	ifrs-full	Disclosure Of Property Plant And Equipment Explanatory DisclosureOfPropertyPlantAndEquipmentExplanatory	Tangible assets<div style="margin-bottom:3pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Changes</span></div><div style="padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in Tangible assets in the consolidated balance sheets were as follows:</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:26.587%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.178%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.969%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.389%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.736%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.973%"/><td style="width:0.1%"/></tr><tr><td colspan="30" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tangible assets</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: <br/>For leasing</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">For own use</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Leased out under<br/>an operating<br/>lease</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Investment<br/>property</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">For own use</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Leased out under<br/>an operating<br/>lease</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Investment<br/>property</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balances at 1 January 2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,108 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,454 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,450 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,012 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,686 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,686 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions / disposals (net) due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,082 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,073 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions / disposals (net)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">827 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">512 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,310 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,339)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,339)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers, exchange differences and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,023)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,844)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,835)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(362)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(362)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at 31 December 2020</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,896</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,204</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,460</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">50,560</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,948</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,948</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions / disposals (net) due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(257)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(191)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions / disposals (net)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">781 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,076)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(64)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(359)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers, exchange differences and other items </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(214)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,552 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">141 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,479 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">384 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">384 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at 31 December 2021</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,529</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">51,489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,429</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,429</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions / disposals (net) due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">103 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions / disposals (net)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">604 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(822)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(64)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(282)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers, exchange differences and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,476 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">107 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,006 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2022</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,570</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,166</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,580</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">53,316</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,692</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,692</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:8pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Accumulated depreciation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balances at 1 January 2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11,974)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,210)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(144)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,328)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(765)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(765)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(40)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(40)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">527 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,387 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,925 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">167 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">167 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Charge for the year</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,906)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,914)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(706)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(706)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers, exchange differences and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,850 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,762)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(904)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> Balance at 31 December 2020</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11,543)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,585)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(133)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(17,261)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,217)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,217)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">733 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,126 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Charge for the year</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,733)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,743)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(612)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(612)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers, exchange differences and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,083)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,563)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2021</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12,015)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,238)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(17,402)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,789)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,789)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,065 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,882 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,963 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Charge for the year</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,821)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,834)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(636)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(636)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfers, exchange differences and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(114)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,192)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,336)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2022</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12,892)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,578)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(172)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(18,642)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,265)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,265)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt"> Includes contract extensions on operating leases and repurchases.</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:27.913%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.736%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.380%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.389%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.620%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.767%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.736%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.825%"/><td style="width:0.1%"/></tr><tr><td colspan="30" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tangible assets</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: <br/>For leasing</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">For own use</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Leased out under<br/>an operating<br/>lease</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Investment<br/>property</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">For own use</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Leased out under<br/>an operating<br/>lease</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Investment<br/>property</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balances at 1 January 2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(93)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(333)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(449)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment charge for the year</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(70)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(185)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Releases</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2020</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(60)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(364)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(564)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment charge for the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(144)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(169)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Releases</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(42)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2021</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(255)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(102)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(408)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(765)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment charge for the year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(95)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(157)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Releases</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals due to change in the scope of consolidation</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">119 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">185 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2022</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(189)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(379)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(601)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tangible assets, net</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balances at 31 December 2020</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,559 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">963 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,735 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,722 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,722 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balances at 31 December 2021</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,259 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,083 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">979 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,321 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,625 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,625 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2022</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,555</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,029</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,073</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,413</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,413</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:3pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Tangible assets - For own use</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by class of asset, of 'Property, plant and equipment' which is owned by the Group in the consolidated balance sheets is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:15pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:48.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.754%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tangible assets for own use</span></div></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: <br/>for leasing</span></td></tr><tr style="height:21pt"><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Accumulated<br/>depreciation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment<br/>losses</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying<br/>amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Land and buildings</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,081 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,215)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(133)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,733 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,716 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT equipment and fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,562 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,416)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture and vehicles</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,085 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,854)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction in progress and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2020</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,896</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11,543)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,213</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,722</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Land and buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,855 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,675)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(240)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT equipment and fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,543 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,335)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,208 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture and vehicles</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,954)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,028 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction in progress and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2021</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,529</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12,015)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(255)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,259</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,625</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Land and buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,623 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,467)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(175)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,981 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,349 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT equipment and fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,285 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,984)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,301 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture and vehicles</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,445 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,389)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,056 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction in progress and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">217 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(52)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2022</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,570</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12,892)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(189)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,413</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The carrying amount at 31 December 2022 in the foregoing table includes the following approximate amounts EUR 7,083 million (EUR 6,753 million at 31 December 2021 and EUR 6,299 million at 31 December 2020) relating to property, plant and equipment owned by group entities and branches located abroad.</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Tangible assets - Leased out under an operating lease</span></div><div style="margin-bottom:9pt;margin-top:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has assets leased out under operating leases where the company is the lessor and do not meet the accounting requirements to be classified as finance leases. The net cost of these leases is recorded as an asset and depreciated on a straight-line basis over the contractual term of the lease to the expected residual value.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The expected residual value and, consequently, the monthly depreciation expense may change during the term of the lease. The Group estimates expected residual values using independent data sources and internal statistical models. It also assesses the estimate of the residual value of these leases and adjusts the depreciation rate in line with the change in the expected value of the asset at the end of the lease.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander periodically assesses its investment in operating leases for impairment in certain circumstances, such as a systemic and material decrease in the values of used vehicles. If assets leased out under operating leases are deemed to be impaired, impairment is measured as the amount by which the carrying amount of the assets exceeds the fair value as estimated by discounted cash flows.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Of the EUR 19,555 million that the Group had assigned to operating leases at 31 December 2022 (EUR 19,083 million and EUR 18,559 million at 31 December 2021 and 2020, respectively), EUR 13,389 million (EUR 13,630 million and EUR 13,473 million at 31 December 2021 and 2020, respectively) relate to vehicles of Santander US Auto's business. The variable lease payments of various items of this entity are not significant.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the maturity analysis of the undiscounted payments for assets leased out under operating leases from Santander US Auto is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:84.393%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Maturity Analysis</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2023</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,811 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2024</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2025</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,762 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2026</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,171 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Tangible assets - Investment property</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of investment property at 31 December 2022, 2021, 2020 amounted to EUR 1,153, 1,088 and 1,055 million, respectively. A comparison of the fair value of investment property at 31 December 2022, 2021 and 2020 with the net book value shows gross unrealised gains of EUR 124, 109 and 92 million, respectively, attributed completely to the group.</span></div></div></div>The rental income earned from investment property and the direct costs related both to investment properties that generated rental income in 2022, 2021 and 2020 and to investment properties that did not generate rental income in those years are not material in the context of the consolidated financial statements.
CY2020Q4	san	Tangible Assets TangibleAssets	32735000000	eur
CY2021Q4	san	Tangible Assets TangibleAssets	33321000000	eur
CY2022Q4	san	Tangible Assets TangibleAssets	34073000000	eur
CY2022	ifrs-full	Disclosure Of Detailed Information About Property Plant And Equipment Explanatory DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by class of asset, of 'Property, plant and equipment' which is owned by the Group in the consolidated balance sheets is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:15pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:48.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.754%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tangible assets for own use</span></div></td><td colspan="3" rowspan="2" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: <br/>for leasing</span></td></tr><tr style="height:21pt"><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Accumulated<br/>depreciation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment<br/>losses</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying<br/>amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Land and buildings</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,081 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,215)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(133)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,733 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,716 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT equipment and fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,562 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,416)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,146 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture and vehicles</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,085 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,854)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction in progress and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2020</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,896</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11,543)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,213</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,722</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Land and buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,855 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,675)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(240)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT equipment and fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,543 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,335)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,208 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture and vehicles</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,954)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,028 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction in progress and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2021</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,529</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12,015)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(255)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,259</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,625</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Land and buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,623 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,467)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(175)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,981 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,349 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT equipment and fixtures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,285 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,984)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,301 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Furniture and vehicles</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,445 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,389)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,056 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction in progress and other items</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">217 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(52)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2022</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,570</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(12,892)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(189)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,413</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Maturity Analysis Of Operating Lease Payments Explanatory DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the maturity analysis of the undiscounted payments for assets leased out under operating leases from Santander US Auto is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:84.393%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Maturity Analysis</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2023</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,811 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2024</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2025</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,762 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2026</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,171 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Goodwill Explanatory DisclosureOfGoodwillExplanatory	Intangible assets – Goodwill<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of goodwill, based on the cash-generating units giving rise thereto, is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander (Brasil) </span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,503 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,219 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,109 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SAM Investment Holdings Limited</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,444 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,444 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,444 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Germany</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,304 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,075 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,104 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Portugal</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,040 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,040 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,040 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,039 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">979 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">904 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander España</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">998 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">844 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">643 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">594 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">599 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">633 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">592 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander - Chile </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">548 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">516 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">571 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Grupo Financiero Santander (México)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">469 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">435 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">399 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ebury Partners</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">298 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">215 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">216 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">365 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">157 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Goodwill</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,713</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,471</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Includes the Amherst Pierpont Securities LLC' business (see note 3).</span></div><div style="padding-left:7.09pt;text-indent:10.91pt"><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in goodwill were as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.690%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.097%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,713 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,471 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,246 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">534 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">429 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Ebury Partners</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">316 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto) </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">158 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">SAM Investment Holdings Limited</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,100)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,101)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,192)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,177)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,153)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(277)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals or changes in scope of consolidation</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">494 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">167 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,713</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,471</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Acquisition of Amherst Pierpont Securities LLC (see note 3).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has goodwill generated by cash-generating units located in non-euro currency countries (mainly Brazil, Poland, the United States, the United Kingdom, Chile, Mexico, Norway and Sweden) and, therefore, this gives rise to exchange differences on the translation to euros, at closing rates, of the amounts of goodwill denominated in foreign currencies. Accordingly, in 2022 there was an increase of EUR 494 million (an increase of EUR 167 million in 2021 and a decrease of EUR 2,104 million in 2020), due to exchange differences and other items which, pursuant to current standards, were recognised with a change to 'Other comprehensive income - Items that may be reclassified to profit or loss - Exchange differences in other comprehensive income in the consolidated statement of recognised income and expense' (see note 29.d).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At least once per year (or whenever there is any indication of impairment), Grupo Santander performs an analysis of the potential impairment of its recorded goodwill with respect to its recoverable amount. The first step that must be taken in order to perform this analysis is the identification of the cash-generating units, which are the Group's smallest identifiable groups of assets that generate cash inflows that are largely independent of the cash flows of other assets or groups of assets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount to be recovered of each cash-generating unit is determined taking into consideration the carrying amount (including any fair value adjustment arising on the business combination) of all the assets and liabilities of all the independent legal entities composing the cash-generating unit, together with the related goodwill.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount to be recovered of the cash-generating unit is compared with its recoverable amount in order to determine whether there is any impairment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's directors assess the existence of any indication that might be considered to be evidence of impairment of the cash-generating unit by reviewing information including the following (i) certain macroeconomic variables that might affect its investments (population data, political situation, economic situation —including banking concentration level—, among others) and (ii) various microeconomic variables comparing the investments of the Group with the financial services industry of the country in which the cash-generating unit carries on most of its business activities (balance sheet composition, total funds under management, results, efficiency ratio, capital adequacy ratio, return on equity, among others).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regardless of whether there is any indication of impairment, every year the Group calculates the recoverable amount of each cash-generating unit to which goodwill, has been allocated and, to this end, it uses price quotations, market references (multiples), internal estimates and valuations performed by internal and external experts.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Firstly, the Group determines the recoverable amount by calculating the fair value of each cash-generating unit on the basis of the quoted price of the cash-generating units, if available.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group performs estimates of the recoverable amounts of certain cash-generating units by calculating their value in use using discounted cash flow projections. The main assumptions used in this calculation are (i) earnings projections based on the financial budgets approved by the Group’s directors which cover between <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmY1MzM5Mzk3ZmRlYTQ5ZWNiNmRkMzYyNGY5YTBkMDUzL3NlYzpmNTMzOTM5N2ZkZWE0OWVjYjZkZDM2MjRmOWEwZDA1M184MjAvZnJhZzpmMDUwNmMyNGVkYjg0ZjdmYjliZjNlMzFhNTdjYzI0NC90ZXh0cmVnaW9uOmYwNTA2YzI0ZWRiODRmN2ZiOWJmM2UzMWE1N2NjMjQ0XzM1NjU_997d6fbc-5c77-4896-baf3-b85deb2e7387">three</span> and five year periods (unless a longer time horizon can be justified), (ii) discount rates determined as the cost of capital taking into account the risk-free rate of return plus a risk premium in line with the market and the business in which the units operate and (iii) constant growth rates used in order to extrapolate earnings in perpetuity which do not exceed the long-term average growth rate for the market in which the cash-generating unit in question operates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The cash flow projections used by Group management to obtain the values in use are based on the financial budgets approved by both local management of the related local units and the Group’s directors. The Group’s budgetary estimation process is common for all the cash-generating units. The local management teams prepare their budgets using the following key assumptions:</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a) Microeconomic variables of the cash-generating unit: management takes into consideration the current balance sheet structure, the product mix and the business decisions taken by local management in this regard.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b) Macroeconomic variables: growth is estimated on the basis of the changing environment, taking into consideration expected GDP growth in the unit’s geographical location and forecast trends in interest and exchange rates. These data, which are based on external information sources, are provided by the Group’s economic research service.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c) Past performance variables: in addition, management takes into consideration in the projection the difference (both positive and negative) between the cash-generating unit’s past performance and budgets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2022, the Group has not recognised any impairment losses.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2021, the Group recognised impairment losses of EUR 6 million of immaterial goodwill and in 2020, considering the economic and business environment resulting from covid-19, market conditions and the existing economic uncertainty, an impairment test was performed for certain CGU during the second quarter. As a result, the Group recognised goodwill impairment of EUR 10,100 million, mainly associated with Santander UK, Santander Bank Polska, Santander Bank, National Association, Santander Consumer USA and Santander Consumer Nordics. Those impairment losses were recognised under 'Impairment or reversal of impairment of non-financial assets, net - Intangible assets'. Goodwill is deducted from CET1 for regulatory purposes and therefore an impairment of goodwill has no impact on the Group's capital ratios.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a detail of the main assumptions taken into account in determining the recoverable amount, at 2022 year-end, of the most significant cash-generating units which were valued using the discounted cash flow method:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:51.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.754%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Projected period</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Discount rate</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal<br/>perpetual<br/>growth rate</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Germany</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SAM Investment Holdings, Limited</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Portugal</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Post-tax discount rate.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Weighted information of the main assumptions of the segments to which goodwill has been allocated.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:21pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The discount and nominal perpetual growth rates taken into account in 2021 and 2020 are presented below for comparison purposes:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:51.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Discount rate</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal<br/>perpetual<br/>growth rate</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Germany</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SAM Investment Holdings, Limited</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Portugal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.9 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.1 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Post-tax discount rate.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Weighted information of the main assumptions of the segments to which goodwill has been allocated.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The variations reflected in the assumptions used in 2022 are mainly a consequence of the current macroeconomic scenario, as well as the increasing level of inflation and difficulties in supply chains, which have led to a rapid increase in central banks' benchmark interest rates in the main countries where the Group's CGU are operating.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Given the degree of uncertainty of the above key assumptions on which the recoverable amount of the cash-generating units is based, the Group performs a sensitivity analysis which consisted of adjusting +/- 50 basis points the discount rate, adjusting +/- 50 basis points the growth rate in perpetuity and reducing the cash flow projections by 5%. These changes in the key assumptions in isolation mean that the recoverable amount of all the cash-generating units continues to exceed their amount to be recovered and have been considered by the Group as reasonably possible changes in the business operations of the cash-generating units are not contemplated.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The recoverable amount of Banco Santander - Chile, Grupo Financiero Santander (México) and Banco Santander (Brasil) was calculated as the fair values of the aforementioned cash-generating units obtained from the quoted market prices of their shares at year-end. This value exceeded the amount to be recovered. A significant reduction in the quoted market prices of these cash generating unit could result in an indication of impairment which in turn may lead to a goodwill impairment charge in the future.</span></div><div style="margin-bottom:9pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div><div style="margin-bottom:12pt"><span><br/></span></div></div></div>
CY2022Q4	ifrs-full	Goodwill Goodwill	13741000000	eur
CY2021Q4	ifrs-full	Goodwill Goodwill	12713000000	eur
CY2020Q4	ifrs-full	Goodwill Goodwill	12471000000	eur
CY2022	ifrs-full	Disclosure Of Reconciliation Of Changes In Goodwill Explanatory DisclosureOfReconciliationOfChangesInGoodwillExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in goodwill were as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.690%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.097%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,713 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,471 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,246 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions (note 3)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">534 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">429 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Ebury Partners</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">316 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto) </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">158 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">SAM Investment Holdings Limited</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,100)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,101)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,192)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,177)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,153)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(277)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals or changes in scope of consolidation</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">494 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">167 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,713</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,471</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Acquisition of Amherst Pierpont Securities LLC (see note 3).</span></div>
CY2021Q4	ifrs-full	Goodwill Goodwill	12713000000	eur
CY2020Q4	ifrs-full	Goodwill Goodwill	12471000000	eur
CY2022	ifrs-full	Increase Decrease Through Net Exchange Differences Goodwill IncreaseDecreaseThroughNetExchangeDifferencesGoodwill	494000000	eur
CY2021	ifrs-full	Increase Decrease Through Net Exchange Differences Goodwill IncreaseDecreaseThroughNetExchangeDifferencesGoodwill	167000000	eur
CY2019Q4	ifrs-full	Goodwill Goodwill	24246000000	eur
CY2022	ifrs-full	Additional Recognition Goodwill AdditionalRecognitionGoodwill	534000000	eur
CY2021	ifrs-full	Additional Recognition Goodwill AdditionalRecognitionGoodwill	81000000	eur
CY2020	ifrs-full	Additional Recognition Goodwill AdditionalRecognitionGoodwill	429000000	eur
CY2022	ifrs-full	Impairment Loss Recognised In Profit Or Loss Goodwill ImpairmentLossRecognisedInProfitOrLossGoodwill	0	eur
CY2021	ifrs-full	Impairment Loss Recognised In Profit Or Loss Goodwill ImpairmentLossRecognisedInProfitOrLossGoodwill	6000000	eur
CY2020	ifrs-full	Impairment Loss Recognised In Profit Or Loss Goodwill ImpairmentLossRecognisedInProfitOrLossGoodwill	10100000000	eur
CY2022	san	Decrease Through Classified As Held For Sale Or Changes In Scope Of Consolidation Goodwill DecreaseThroughClassifiedAsHeldForSaleOrChangesInScopeOfConsolidationGoodwill	0	eur
CY2021	san	Decrease Through Classified As Held For Sale Or Changes In Scope Of Consolidation Goodwill DecreaseThroughClassifiedAsHeldForSaleOrChangesInScopeOfConsolidationGoodwill	0	eur
CY2020	san	Decrease Through Classified As Held For Sale Or Changes In Scope Of Consolidation Goodwill DecreaseThroughClassifiedAsHeldForSaleOrChangesInScopeOfConsolidationGoodwill	0	eur
CY2022	ifrs-full	Increase Decrease Through Net Exchange Differences Goodwill IncreaseDecreaseThroughNetExchangeDifferencesGoodwill	494000000	eur
CY2021	ifrs-full	Increase Decrease Through Net Exchange Differences Goodwill IncreaseDecreaseThroughNetExchangeDifferencesGoodwill	167000000	eur
CY2020	ifrs-full	Increase Decrease Through Net Exchange Differences Goodwill IncreaseDecreaseThroughNetExchangeDifferencesGoodwill	-2104000000	eur
CY2022Q4	ifrs-full	Goodwill Goodwill	13741000000	eur
CY2021Q4	ifrs-full	Goodwill Goodwill	12713000000	eur
CY2020Q4	ifrs-full	Goodwill Goodwill	12471000000	eur
CY2020	ifrs-full	Increase Decrease Through Net Exchange Differences Goodwill IncreaseDecreaseThroughNetExchangeDifferencesGoodwill	-2104000000	eur
CY2022	ifrs-full	Impairment Loss Recognised In Profit Or Loss Goodwill ImpairmentLossRecognisedInProfitOrLossGoodwill	0	eur
CY2021	ifrs-full	Impairment Loss Recognised In Profit Or Loss Goodwill ImpairmentLossRecognisedInProfitOrLossGoodwill	6000000	eur
CY2020	ifrs-full	Impairment Loss Recognised In Profit Or Loss Goodwill ImpairmentLossRecognisedInProfitOrLossGoodwill	10100000000	eur
CY2022	ifrs-full	Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives Explanatory DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a detail of the main assumptions taken into account in determining the recoverable amount, at 2022 year-end, of the most significant cash-generating units which were valued using the discounted cash flow method:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:51.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.754%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Projected period</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Discount rate</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal<br/>perpetual<br/>growth rate</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Germany</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SAM Investment Holdings, Limited</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Portugal</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 years</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Post-tax discount rate.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Weighted information of the main assumptions of the segments to which goodwill has been allocated.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:21pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The discount and nominal perpetual growth rates taken into account in 2021 and 2020 are presented below for comparison purposes:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:51.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Discount rate</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal<br/>perpetual<br/>growth rate</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander UK</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander US Auto</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Holding USA (ex. Auto)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Germany</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SAM Investment Holdings, Limited</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Portugal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Nordics</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.9 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.1 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Post-tax discount rate.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Weighted information of the main assumptions of the segments to which goodwill has been allocated.</span></div>
CY2022	san	Sensitivity Analysis Discount Rate Adjustment Increase SensitivityAnalysisDiscountRateAdjustmentIncrease	0.0050
CY2022	san	Sensitivity Analysis Discount Rate Adjustment Decrease SensitivityAnalysisDiscountRateAdjustmentDecrease	0.0050
CY2022	san	Sensitivity Analysis Perpetuity Growth Rate Adjustment Decrease SensitivityAnalysisPerpetuityGrowthRateAdjustmentDecrease	0.0050
CY2022	san	Sensitivity Analysis Perpetuity Growth Rate Adjustment Increase SensitivityAnalysisPerpetuityGrowthRateAdjustmentIncrease	0.0050
CY2022	san	Sensitivity Analysis Cash Flow Projections Decrease SensitivityAnalysisCashFlowProjectionsDecrease	0.05
CY2022	ifrs-full	Disclosure Of Intangible Assets Explanatory DisclosureOfIntangibleAssetsExplanatory	Intangible assets - Other intangible assetsThe detail of Intangible assets - Other intangible assets in the consolidated balance sheets and of the changes therein in 2022, 2021, and 2020 is as follows:<div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated<br/>useful life</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net <br/>additions<br/>and<br/>disposals</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in<br/>scope of<br/>consolidation</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Application of<br/>amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange<br/>differences<br/>and other</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,712</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,757</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">381</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(511)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,502</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brand names</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT developments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 -7 years</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(497)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">128 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,519 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accumulated amortisation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,707)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,151)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(108)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,554)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Development</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,024)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(96)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,866)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(558)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(127)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(688)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(75)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which addition</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(75)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Liberation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,871</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,757</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">381</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,226)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">121</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,904</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.386%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated<br/>useful life</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2020</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net <br/>additions<br/>and<br/>disposals</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in<br/>scope of<br/>consolidation</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Application of<br/>amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange<br/>differences<br/>and other</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,409</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(293)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,712</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brand names</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT developments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3-7 years</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,900 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(212)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,519 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accumulated amortisation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,809)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,013)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">232 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,707)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 8.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Development</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,307)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(922)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 8.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(502)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(558)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 6.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which addition</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Liberation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,437</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,409</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,078)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,871</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.575%"><tr><td style="width:1.0%"/><td style="width:22.674%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.369%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.261%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.369%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.449%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.152%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.746%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.815%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.265%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated<br/>useful life</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2019</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net <br/>additions<br/>and<br/>disposals</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in<br/>scope of<br/>consolidation</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Application of<br/>amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange<br/>differences<br/>and other</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,263</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,451</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(241)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,064)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brand names</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT developments</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3-7 years</span></div></td><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,945 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,123 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(224)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(910)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,900 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,276 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,439 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accumulated amortisation</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,686)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(896)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">105 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">584 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,809)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Development</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,139)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(792)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">487 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,307)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(547)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">35 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(502)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(136)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(142)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which addition</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(142)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Liberation</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,441</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,486</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,038)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(468)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,437</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>In 2022, 2021 and 2020, impairment losses of EUR 75 million, EUR 65 million and EUR 142 million, respectively, were recognised under Impairment or reversal of impairment on non-financial assets, net – intangible assets. This impairment losses are related mainly to the decline in or loss of the recoverable value of certain computer systems and applications as a result of the processes initiated by the Group to adapt to the various regulatory changes and to transform or integrate businesses.
CY2022	ifrs-full	Disclosure Of Detailed Information About Intangible Assets Explanatory DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory	The detail of Intangible assets - Other intangible assets in the consolidated balance sheets and of the changes therein in 2022, 2021, and 2020 is as follows:<div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.238%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated<br/>useful life</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net <br/>additions<br/>and<br/>disposals</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in<br/>scope of<br/>consolidation</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Application of<br/>amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange<br/>differences<br/>and other</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,712</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,757</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">381</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(511)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,502</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brand names</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT developments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 -7 years</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(497)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">128 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,519 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accumulated amortisation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,707)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,151)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(108)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,554)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Development</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,024)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(96)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,866)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(558)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(127)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(688)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(75)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which addition</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(75)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Liberation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,871</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,757</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">381</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,226)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">121</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,904</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.386%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated<br/>useful life</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2020</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net <br/>additions<br/>and<br/>disposals</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in<br/>scope of<br/>consolidation</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Application of<br/>amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange<br/>differences<br/>and other</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,409</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(293)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,712</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brand names</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT developments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3-7 years</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,900 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(212)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(47)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,519 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accumulated amortisation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,809)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,013)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">232 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,707)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 8.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Development</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,307)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(922)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(97)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6,149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 8.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(502)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(558)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 6.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which addition</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(65)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Liberation</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,437</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,409</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,078)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,871</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.575%"><tr><td style="width:1.0%"/><td style="width:22.674%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.369%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.261%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.369%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.449%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.152%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.746%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.815%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.265%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Estimated<br/>useful life</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2019</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net <br/>additions<br/>and<br/>disposals</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in<br/>scope of<br/>consolidation</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Application of<br/>amortization<br/>and<br/>impairment</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange<br/>differences<br/>and other</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31/12/2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,263</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,451</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(241)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,064)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brand names</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">IT developments</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3-7 years</span></div></td><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,945 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,123 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(224)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(910)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,900 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,276 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,439 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accumulated amortisation</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,686)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(896)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">105 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">584 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,809)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Development</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,139)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(792)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">487 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,307)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(547)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">35 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(502)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(136)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(142)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which addition</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(142)</span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Liberation</span></td><td colspan="3" style="border-top:0.25pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0 </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,441</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,486</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,038)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(468)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,437</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2021Q4	ifrs-full	Intangible Assets Other Than Goodwill IntangibleAssetsOtherThanGoodwill	3871000000	eur
CY2022	san	Net Additions Disposals Intangible Assets Other Than Goodwill NetAdditionsDisposalsIntangibleAssetsOtherThanGoodwill	1757000000	eur
CY2022	ifrs-full	Increase Decrease Through Transfers And Other Changes Intangible Assets Other Than Goodwill IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill	381000000	eur
CY2022	san	Amortisation And Impairment Intangible Assets Other Than Goodwill AmortisationAndImpairmentIntangibleAssetsOtherThanGoodwill	1226000000	eur
CY2022	san	Application Of Amortisation And Impairment Intangible Assets Other Than Goodwill ApplicationOfAmortisationAndImpairmentIntangibleAssetsOtherThanGoodwill	0	eur
CY2022	ifrs-full	Increase Decrease Through Net Exchange Differences Intangible Assets Other Than Goodwill IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill	121000000	eur
CY2022Q4	ifrs-full	Intangible Assets Other Than Goodwill IntangibleAssetsOtherThanGoodwill	4904000000	eur
CY2020Q4	ifrs-full	Intangible Assets Other Than Goodwill IntangibleAssetsOtherThanGoodwill	3437000000	eur
CY2021	san	Net Additions Disposals Intangible Assets Other Than Goodwill NetAdditionsDisposalsIntangibleAssetsOtherThanGoodwill	1409000000	eur
CY2021	ifrs-full	Increase Decrease Through Transfers And Other Changes Intangible Assets Other Than Goodwill IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill	3000000	eur
CY2021	san	Amortisation And Impairment Intangible Assets Other Than Goodwill AmortisationAndImpairmentIntangibleAssetsOtherThanGoodwill	1078000000	eur
CY2021	san	Application Of Amortisation And Impairment Intangible Assets Other Than Goodwill ApplicationOfAmortisationAndImpairmentIntangibleAssetsOtherThanGoodwill	0	eur
CY2021	ifrs-full	Increase Decrease Through Net Exchange Differences Intangible Assets Other Than Goodwill IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill	100000000	eur
CY2021Q4	ifrs-full	Intangible Assets Other Than Goodwill IntangibleAssetsOtherThanGoodwill	3871000000	eur
CY2019Q4	ifrs-full	Intangible Assets Other Than Goodwill IntangibleAssetsOtherThanGoodwill	3441000000	eur
CY2020	san	Net Additions Disposals Intangible Assets Other Than Goodwill NetAdditionsDisposalsIntangibleAssetsOtherThanGoodwill	1486000000	eur
CY2020	ifrs-full	Increase Decrease Through Transfers And Other Changes Intangible Assets Other Than Goodwill IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill	16000000	eur
CY2020	san	Amortisation And Impairment Intangible Assets Other Than Goodwill AmortisationAndImpairmentIntangibleAssetsOtherThanGoodwill	1038000000	eur
CY2020	san	Application Of Amortisation And Impairment Intangible Assets Other Than Goodwill ApplicationOfAmortisationAndImpairmentIntangibleAssetsOtherThanGoodwill	0	eur
CY2020	ifrs-full	Increase Decrease Through Net Exchange Differences Intangible Assets Other Than Goodwill IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill	-468000000	eur
CY2020Q4	ifrs-full	Intangible Assets Other Than Goodwill IntangibleAssetsOtherThanGoodwill	3437000000	eur
CY2022	ifrs-full	Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill	75000000	eur
CY2021	ifrs-full	Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill	65000000	eur
CY2020	ifrs-full	Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill	142000000	eur
CY2022	ifrs-full	Disclosure Of Other Assets Explanatory DisclosureOfOtherAssetsExplanatory	Other assets<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of 'Other assets' is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.007%"><tr><td style="width:1.0%"/><td style="width:57.509%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.800%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.145%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.146%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transactions in transit</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">157 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net pension plan assets (note 25)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,345 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,990 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">635 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Prepayments and accrued income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,003 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,610 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other (note 2.n)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,536 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,683 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,362 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,440</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,891</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	ifrs-full	Other Receivables OtherReceivables	83000000	eur
CY2021Q4	ifrs-full	Other Receivables OtherReceivables	157000000	eur
CY2020Q4	ifrs-full	Other Receivables OtherReceivables	88000000	eur
CY2022Q4	ifrs-full	Recognised Assets Defined Benefit Plan RecognisedAssetsDefinedBenefitPlan	1345000000	eur
CY2021Q4	ifrs-full	Recognised Assets Defined Benefit Plan RecognisedAssetsDefinedBenefitPlan	1990000000	eur
CY2020Q4	ifrs-full	Recognised Assets Defined Benefit Plan RecognisedAssetsDefinedBenefitPlan	635000000	eur
CY2022Q4	san	Prepayments And Accrued Income PrepaymentsAndAccruedIncome	3003000000	eur
CY2021Q4	san	Prepayments And Accrued Income PrepaymentsAndAccruedIncome	2610000000	eur
CY2020Q4	san	Prepayments And Accrued Income PrepaymentsAndAccruedIncome	2806000000	eur
CY2022Q4	san	Other Miscellaneous Assets OtherMiscellaneousAssets	5536000000	eur
CY2021Q4	san	Other Miscellaneous Assets OtherMiscellaneousAssets	3683000000	eur
CY2020Q4	san	Other Miscellaneous Assets OtherMiscellaneousAssets	7362000000	eur
CY2022Q4	ifrs-full	Other Nonfinancial Assets OtherNonfinancialAssets	9967000000	eur
CY2021Q4	ifrs-full	Other Nonfinancial Assets OtherNonfinancialAssets	8440000000	eur
CY2020Q4	ifrs-full	Other Nonfinancial Assets OtherNonfinancialAssets	10891000000	eur
CY2022	ifrs-full	Disclosure Of Deposits From Banks Explanatory DisclosureOfDepositsFromBanksExplanatory	Deposits from central banks and credit institutions<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by classification, counterparty, type and currency, of Deposits from central banks and 'Deposits from credit institutions' in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.242%"><tr><td style="width:1.0%"/><td style="width:53.758%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.947%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.947%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.948%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">CENTRAL BANKS</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Classification</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,757 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,038 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,740 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">607 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities at amortized cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76,952 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">139,757 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">84,449</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">141,402</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">115,294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Type</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deposits on demand</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Time deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72,320 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">134,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,090 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,129 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,953 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">84,449</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">141,402</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">115,294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">CREDIT INSTITUTIONS</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Classification</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,796 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,488 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,958 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,064 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,765 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities at amortized cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68,582 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,235 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,620 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">80,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">59,787</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">69,385</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Type</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deposits on demand</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,808 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,727 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Time deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,221 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,332 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,308 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reverse repurchase agreements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,245 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,198 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,179 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Subordinated deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">80,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">59,787</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">69,385</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Euro</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65,133 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">107,908 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104,499 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,357 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,924 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,012 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,581 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,195 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,297 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,356 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other currencies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,176 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,521 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,904 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">164,785</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">201,189</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">184,679</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, the balance of the conditional long-term financing of the European Central Bank (TLTRO- Targeted Long-Term Refinancing Operation-) amounts to EUR 33,536 million, which corresponds to TLRTO III (EUR 88,894 million and EUR 77,732 million at 31 December 2021 and 2020, respectively). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, the income recognized in the consolidated income statement corresponding to TLTRO III amounts to EUR 489 million (EUR 868 million and EUR 391 million at 31 December 2021 and 2020, respectively). </span></div>Note 50 contains a detail of the residual maturity periods of financial liabilities at amortised cost
CY2022	ifrs-full	Disclosure Of Deposits From Customers Explanatory DisclosureOfDepositsFromCustomersExplanatory	Customer deposits<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by classification, geographical area and type, of Customer deposits is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:52.912%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.716%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Classification</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,226 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,141 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,822 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,608 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,343 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities<br/>at amortized cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">966,353 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">886,595 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">814,967 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,025,401</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">918,344</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">849,310</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Geographical area</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">399,112 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">319,565 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">294,516 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">European Union (excluding Spain)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,323 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,361 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">106,013 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">United Kingdom</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">232,364 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">243,734 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">232,840 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">United States and Puerto Rico</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">87,497 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,814 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,057 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of America</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">181,782 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">159,381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">147,300 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of the world</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,323 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,489 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,584 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,025,401</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">918,344</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">849,310</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Type</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Demand deposits-</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">710,232 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">717,728 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">642,897 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Current accounts</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">477,739 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">482,649 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">418,752 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Savings accounts</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">225,445 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">227,318 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">216,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other demand deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,048 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,761 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,645 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Time deposits-</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">251,778 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164,259 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171,939 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fixed-term deposits and other term deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">248,298 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">162,172 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">170,127 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Home-purchase savings accounts</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">38 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Discount deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Hybrid financial liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,296 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,906 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,743 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Subordinated liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">146 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">140 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Repurchase agreements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,391 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,357 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,474 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,025,401</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">918,344</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">849,310</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Note 50 contains a detail of the residual maturity periods of financial liabilities at amortised cost.</span></div>
CY2022	ifrs-full	Maturity Analysis For Nonderivative Financial Liabilities MaturityAnalysisForNonderivativeFinancialLiabilities	The distribution of the book value of debt securities issued by contractual maturity at 31 December 2022 is shown below:<div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:26.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.756%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Within 3 months</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3 to 12<br/>months</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1 to 3<br/>years</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3 to 5<br/>years</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 5<br/>years</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Subordinated debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">678</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,706</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,774</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,559</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,717</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Senior unsecured debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,224</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,924</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,854</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,342</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">127,457</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Senior secured debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,204</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,445</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,808</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,786</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,897</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84,140</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Promissory notes and other securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,659</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,366</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,025</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Debt securities issued</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,087</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,413</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">82,627</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56,414</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58,798</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">280,339</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The distribution by contractual maturity of the notional amounts of these debt securities issued at 31 December 2022 is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:26.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.312%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Within 3 months</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3 to 12<br/>months</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1 to 3<br/>years</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3 to 5<br/>years</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 5<br/>years</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Subordinated debt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">663</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,728</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,810</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,502</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,703</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Senior unsecured debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,255</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,006</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,398</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,042</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,510</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">128,211</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Senior secured debt</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,203</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,440</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,799</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,780</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,892</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84,114</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Promissory notes and other securities</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,647</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,358</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,005</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Debt securities issued</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,105</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,467</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">82,925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56,632</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58,904</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">281,033</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The analysis of the maturities of lease liabilities at 31 December 2022, 2021 and 2020 is shown below:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Maturity Analysis - Discounted payments</span></div></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Within 1 year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">707 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">690 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">594 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Between 1 and 3 years</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,005 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">933 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">981 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Between 3 and 5 years</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">454 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">534 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">637 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Later than 5 years</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">456 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">699 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">837 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total discounted payments at the end of the year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,622</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,856</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,049</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	san	Liabilities Secured By Mortgage Backed Bonds LiabilitiesSecuredByMortgageBackedBonds	22049000000	eur
CY2022	ifrs-full	Disclosure Of Subordinated Liabilities Explanatory DisclosureOfSubordinatedLiabilitiesExplanatory	Subordinated liabilities<div style="margin-bottom:3pt;margin-top:3pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by currency of issue, of Subordinated liabilities, deposits and marketable debt securities, in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:42.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.496%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr style="height:16pt"><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Outstanding issue amount in foreign currency (million)</span></td><td colspan="3" rowspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Annual interest rate (%)</span></td></tr><tr style="height:12pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency of issue</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Euro</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,940</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,857</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,570</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,940</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.40%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,438</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,236</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,991</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,009</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.91%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,358</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,535</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">565</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,204</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.18%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,127</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">879</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,367</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.77%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other currencies</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,063</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,689</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,754</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 7.75pt 0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 7.75pt 0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,926</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,196</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 50 contains a detail of the residual maturity periods of subordinated liabilities at each year-end.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Changes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The movement in the balance of subordinated liabilities in the last three years were as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:58.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,196 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,880 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,062 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Issuances</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">119 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,075 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander - Chile</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">113 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">353 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,469 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,722 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander (Brasil) S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">871 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Redemptions and repurchases</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,040)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,500)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,838)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(889)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,500)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,671)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander UK plc</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(98)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(740)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(52)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander UK Group Holdings plc</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(316)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank, National Association</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(111)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other movements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">651 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">476 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(419)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,926</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,196</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:22pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">The balance rel</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">ating to issuances, redemption</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">s and repurchases (EUR 921 million), together with the interest paid in remuneration of these issuances including PPCC (EUR 1,251 million), is included in the cash flow from financing activities.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Other disclosures </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This caption includes contingent convertible preferred participations, as well as other subordinated financial instruments issued by consolidated companies, which do not qualify as equity (preferred shares).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Preferred shares do not have voting rights and are non-cumulative. They have been subscribed by third parties outside the Group, and except for the issues of Santander UK plc, the rest are redeemable by decision of the issuer, according to the terms of each issue.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander's contingently convertible preferred participations are subordinated debentures and rank after common creditors and any other subordinated credit that by law and/or by their terms, to the extent permitted by Spanish law, ranks higher than the contingently convertible preferred participations. Their remuneration is conditioned to the obtainment of sufficient distributable profits, and to the limitations imposed by the regulations on shareholders' equity, and they have no voting rights. The other issues of Banco Santander, S.A. mentioned in this caption are also subordinated debentures and, for credit ranking purposes, they rank behind all the common creditors of the issuing entities and ahead of any other subordinated credit that ranks pari passu with the Bank's contingently convertible preferred participations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main issues of subordinated debt securities issued, broken down by company, are detailed below: </span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Issues by Banco Santander, S.A. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On July 6, 2022 and July 20, 2022, two subordinated issues matured for a nominal amount of EUR 114 million and EUR 25 million, respectively.</span></div><div style="margin-bottom:9pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 25 April 2022, Banco Santander, S.A. proceeded to prepay all the Tier 1 Contingently Convertible Preferred Securities with ISIN code XS1602466424 and common code 160246642 in circulation, for a total nominal amount of EUR 750 million and which were traded on the Irish Stock Market 'Global Exchange Market' (the 'PPCC').</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 22 November 2021, Banco Santander, S.A. issued subordinated debentures for a term of eleven years, with a redemption option on the tenth anniversary of the issue date, in the amount of USD 1,000 million (EUR 1,007 million at the exchange rate on the day of issue). The issue bears interest at an annual rate of 3.225%, payable semi-annually, for the first ten years (then repricing at a margin of 160 points over the one-year US government bond).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 4 October 2021, Banco Santander, S.A. issued subordinated debentures for a term of eleven years, with a redemption option on the sixth anniversary of the issue date, amounting to GBP 850 million (EUR 887 million at the exchange rate on the day of issue). The issue bears interest at an annual rate of 2.25%, payable annually for the first six years (then repricing at a margin of 165 points over the 5-year UK government bond).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 21 September 2021, Banco Santander, S.A. carried out a placement of preferential shares contingently convertible into newly issued ordinary shares of the Bank ('PPCC') for a nominal amount of EUR 1,000 million (issue placed on the market EUR 997 million). The issuance was carried out at par and the remuneration of the PPCC, whose payment is subject to certain conditions and is also discretionary, was set at 3.625% per year for the first eight years, being reviewed every five years applying a margin of 376 basis points over the 5-year Mid-Swap Rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 11 September 2021, Banco Santander, S.A. proceeded to redeem early and voluntarily the entire issue made on 11 September 2014 of tier 1 contingently convertible preference shares (PPCC) with ISIN code XS110729154 which are traded in the Irish Stock Exchange Market 'Global Exchange Market', for a total nominal amount of EUR 1,500 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 12 May 2021, Banco Santander placed the issue of preference shares contingently convertible into newly issued ordinary shares of the Bank, previously announced, for a total nominal amount of EUR 1,578 million, issued in a Series in Dollars of USD 1,000 million (EUR 828 million at the exchange rate on the day of issue) and a Series in Euros for an amount of EUR 750 million. The issuance is carried out at par and the remuneration of the PPCC, whose payment is subject to certain conditions and is also discretionary, has been set (i) for the Series in Dollars at 4.750% per annum for the first six years, being revised every five years applying a margin of 375.3 basis points over the 5-year UST rate and (ii) for the Series in Euros by 4.125% per annum for the first seven years, being revised every five years applying a margin of 431.1 basis points over the applicable 5-year euro mid-swap.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 3 December 2020, Banco Santander, S.A. issued subordinated debentures with a ten-year term of USD 1,500 million (EUR 1,222 million at the date of issue). The issue bears interest at an annual rate of 2.749%, payable semiannually.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 22 October 2020, it carried out a ten-year subordinated debenture issue for an amount of EUR 1,000 million. The issue bears interest at an annual rate of 1.625%, payable annually.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 12 March 2020, it proceeded to redeem early and voluntarily the entire outstanding issue of Tier 1 Contingently Convertible Preferred Participations Series I/2014, for a total nominal amount of EUR 1,500 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 14 January 2020, it carried out a placement of contingently convertible preferred participations into newly issued ordinary shares of the Bank (the 'PPCCs'), excluding the pre-emptive subscription rights of its shareholders and for a nominal amount of EUR 1,500 million (the 'Issue' and the 'PPCCs'). The Issue was made at par and the remuneration of the PPCCs, the payment of which is subject to certain conditions and is also discretionary, was set at 4.375% per annum for the first six years, revised every five years thereafter by applying a margin of 453.4 basis points over the 5-year Mid-Swap Rate (5-year Mid-Swap Rate).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 8 February 2019, Banco Santander, S.A, carried out an issue of PPCC for a nominal amount of USD 1,200 million (EUR 1,056 million). The remuneration of the issues whose payment is subject to certain conditions and is also discretionary was set at 7.50% per annum, for the first five years (revised thereafter by applying a margin of 498.9 points over the mid-swap rate).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 19 March 2018, a 'PPCC' issue was carried out, for a nominal amount of EUR 1,500 million. The remuneration of the issue, the payment of which is subject to certain conditions and is also discretionary, was set at 4.75% per annum, payable quarterly, for the first seven years (revised thereafter by applying a margin of 410 basis points over the Mid-swap rate).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 8 February 2018, a ten-year subordinated debenture issue of EUR 1,250 million was carried out. The issue accrues annual interest of 2.125% payable annually.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 29 September 2017, Banco Santander, S.A. carried out issues of 'PPCCs', for a nominal amount of EUR 1,000 million. The remuneration of the PPCC, the payment of which is subject to certain conditions and is also discretionary, was set at 5.25% per annum for the first six years (revised thereafter by applying a margin of 499.9 basis points over the 5 years Mid-Swap Rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Issues by Banco Santander - Chile</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In January 2022, Banco Santander Chile carried out an issuance, in the local market, of subordinated obligations with a term of 6 years, for an amount of UF 3.3 million (equivalent to USD 105 million), which accrues an annual interest of 1.25%.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In June 2020, Banco Santander - Chile issued subordinated debentures for a term of fifteen years, in the amount of UF 5 million (equivalent to USD 185 million). The issue bears annual interest at 3.5%.</span></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In April 2020, Banco Santander - Chile issued two subordinated debentures, the first for a term of fourteen years, for an amount of UF 3 million (equivalent to USD 100 million), bearing annual interest at 3%, and the second for a term of nineteen years, for an amount of UF 3 million (equivalent to USD 100 million), bearing annual interest at 3.15%.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Issues Banco Santander (Brasil) S.A.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of November 2021, Banco Santander (Brasil) S.A. carried out an issue of Subordinated Financial Bills (TIER II) in its local market for a 10-year term, with a repurchase option as of the fifth anniversary of the issue date, in the amount of BRL 5,500 million. The issue price was CDI +2% per annum, payable at maturity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Issues by Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In January 2022, Banco Santander México, S.A. Multiple Institution, Grupo Financiero Santander México proceeded to redeem early a perpetual issue carried out at 30 December 2016 for a nominal amount of USD 500 million, of which 88.2% of the issue had been acquired by the Group.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 1 October 2018, a ten-year subordinated debenture issue was made by Banco Santander México, S.A. Institución de Banca Múltiple, Grupo Financiero Santander México for a nominal amount of USD 1,300 million and at an interest rate of 5.95%, with the group having acquired 75% of the issue.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Issues by Santander Bank Polska S.A.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 20 April 2018, Santander Bank Polska S.A. carried out a ten-year subordinated debenture issue with a redemption option on the fifth anniversary of the issue date in the amount of PLN 1,000 million. The issue bears floating interest at Wibor (6M) + 160 basis points payable semi-annually.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The accrued interests from the subordinated liabilities during 2022 amounted to EUR 992 million (EUR 648 million and EUR 571 million during 2021 and 2020, respectively). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, interests from the PPCC and PPCA during 2022 amounted to EUR 529 million (EUR 566 million and EUR 552million in 2021 and 2020, respectively).</span></div>
CY2022Q3	san	Number Of Subordinated Issues Matured NumberOfSubordinatedIssuesMatured	2	subordinated_issue
CY2022Q4	ifrs-full	Trade And Other Payables To Trade Suppliers TradeAndOtherPayablesToTradeSuppliers	1563000000	eur
CY2021Q4	ifrs-full	Trade And Other Payables To Trade Suppliers TradeAndOtherPayablesToTradeSuppliers	1475000000	eur
CY2020Q4	ifrs-full	Trade And Other Payables To Trade Suppliers TradeAndOtherPayablesToTradeSuppliers	1177000000	eur
CY2022Q4	ifrs-full	Items In Course Of Transmission To Other Banks ItemsInCourseOfTransmissionToOtherBanks	1200000000	eur
CY2021Q4	ifrs-full	Items In Course Of Transmission To Other Banks ItemsInCourseOfTransmissionToOtherBanks	650000000	eur
CY2020Q4	ifrs-full	Items In Course Of Transmission To Other Banks ItemsInCourseOfTransmissionToOtherBanks	599000000	eur
CY2022Q4	ifrs-full	Payables On Social Security And Taxes Other Than Income Tax PayablesOnSocialSecurityAndTaxesOtherThanIncomeTax	5796000000	eur
CY2021Q4	ifrs-full	Payables On Social Security And Taxes Other Than Income Tax PayablesOnSocialSecurityAndTaxesOtherThanIncomeTax	5315000000	eur
CY2020Q4	ifrs-full	Payables On Social Security And Taxes Other Than Income Tax PayablesOnSocialSecurityAndTaxesOtherThanIncomeTax	4122000000	eur
CY2022Q4	san	Factoring Accounts Payable FactoringAccountsPayable	262000000	eur
CY2021Q4	san	Factoring Accounts Payable FactoringAccountsPayable	275000000	eur
CY2020Q4	san	Factoring Accounts Payable FactoringAccountsPayable	222000000	eur
CY2022Q4	san	Unsettled Financial Transactions Liability UnsettledFinancialTransactionsLiability	5429000000	eur
CY2021Q4	san	Unsettled Financial Transactions Liability UnsettledFinancialTransactionsLiability	3779000000	eur
CY2020Q4	san	Unsettled Financial Transactions Liability UnsettledFinancialTransactionsLiability	5080000000	eur
CY2022Q4	ifrs-full	Lease Liabilities LeaseLiabilities	2622000000	eur
CY2021Q4	ifrs-full	Lease Liabilities LeaseLiabilities	2856000000	eur
CY2020Q4	ifrs-full	Lease Liabilities LeaseLiabilities	3049000000	eur
CY2022Q4	san	Other Financial Liabilities Unspecified OtherFinancialLiabilitiesUnspecified	20187000000	eur
CY2021Q4	san	Other Financial Liabilities Unspecified OtherFinancialLiabilitiesUnspecified	15523000000	eur
CY2020Q4	san	Other Financial Liabilities Unspecified OtherFinancialLiabilitiesUnspecified	12719000000	eur
CY2022Q4	ifrs-full	Other Financial Liabilities OtherFinancialLiabilities	37059000000	eur
CY2021Q4	ifrs-full	Other Financial Liabilities OtherFinancialLiabilities	29873000000	eur
CY2020Q4	ifrs-full	Other Financial Liabilities OtherFinancialLiabilities	26968000000	eur
CY2022	ifrs-full	Cash Outflow For Leases CashOutflowForLeases	710000000	eur
CY2021	ifrs-full	Cash Outflow For Leases CashOutflowForLeases	715000000	eur
CY2020	ifrs-full	Cash Outflow For Leases CashOutflowForLeases	789000000	eur
CY2022Q4	ifrs-full	Lease Liabilities LeaseLiabilities	2622000000	eur
CY2021Q4	ifrs-full	Lease Liabilities LeaseLiabilities	2856000000	eur
CY2020Q4	ifrs-full	Lease Liabilities LeaseLiabilities	3049000000	eur
CY2022	ifrs-full	Disclosure Of Provisions Explanatory DisclosureOfProvisionsExplanatory	Provisions<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Provisions in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:47.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.876%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provision for pensions and other obligations post-employments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,392 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,185 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,976 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other long term employee benefits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">950 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,242 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,751 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for taxes and other legal contingencies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,074 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,996 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,200 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contingent liabilities and commitments (note 2)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">734 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">733 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,999 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,427 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,149</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,583</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Changes</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in 'Provisions' in the last three years were as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:42.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.532%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post employment plans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Long term employee benefits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Contingent liabilities and commitments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other provisions</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at beginning of year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,185</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,242</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">733</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,583</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions charged to income</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">128 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,876 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,046 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense (note 39)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Staff costs (note 46)</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">57 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions or reversion of provisions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,876 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,881 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Addition</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">105 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">618 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,484 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,217 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Release</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(645)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,608)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,336)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other additions arising from insurance contracts linked to pensions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in value recognised in equity</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">242 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">242 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Payments to pensioners and pre-retirees with a charge to internal provisions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(229)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(363)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(592)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Insurance premiums paid</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Payments to external funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(451)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(451)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Amounts used</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,817)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,817)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transfer, exchange differences and other changes</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(447)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">591 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at end of year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">950</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,073</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,149</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.381%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.392%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.239%"/><td style="width:0.1%"/></tr><tr><td colspan="36" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Post employment plans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Long term employee benefits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Contingent liabilities and commitments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Other provisions</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Post employment plans</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Long term employee benefits</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Contingent liabilities and commitments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Other provisions</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balances at beginning of year</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,976</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,751</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">700</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">4,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">10,852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,358</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,382</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">739</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">5,508</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">13,987</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Additions charged to income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,978 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(217)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">782 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,549 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest expense (note 39)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">78 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Staff costs (note 46)</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Provisions or reversion of provisions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(45)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,814 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(370)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">764 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">50 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,378 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Addition</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">3,065 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">3,713 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">787 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">2,258 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">3,541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Release</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(66)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(72)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(444)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(317)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(899)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(376)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(23)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(440)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(324)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(1,163)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other additions arising from insurance contracts linked to pensions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Changes in value recognised in equity</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,705)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,705)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Payments to pensioners and pre-retirees with a charge to internal provisions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(201)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(605)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(806)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(303)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(408)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(711)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Benefits paid due to settlements</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,551)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,551)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Insurance premiums paid</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Payments to external funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(440)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(440)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(333)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(333)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Amounts used</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,961)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,961)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,485)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,485)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Transfer, exchange differences and other changes</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,673 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(521)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(88)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(530)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,144)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balances at end of year</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,185</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,242</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">733</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">4,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">9,583</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,976</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,751</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">700</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">4,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">10,852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Provision for pensions and other obligations post –employments and Other long term employee benefits </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Provisions for pensions and similar obligations is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:54.764%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.408%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for post-employment plans - Spanish entities</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,245</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,709</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,881</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for other similar obligations - Spanish entities</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">895</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,188</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,695</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which pre-retirements</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">884</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,176</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,676</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for post-employment plans - United Kingdom</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">449</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for post-employment plans - Other subsidiaries</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,118</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,432</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,646</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for other similar obligations - Other subsidiaries</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provision for pensions and other obligations post -employments and Other long term employee benefits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,342</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,427</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,727</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which defined benefits</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,335</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,419</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,719</span></td></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Spanish entities - Post-employment plans and other similar obligations</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, 2021 and 2020, the Spanish entities had post-employment benefit obligations under defined contribution and defined benefit plans. In addition, in various years some of the consolidated entities offered certain of their employees the possibility of taking pre-retirement and, therefore, provisions are recognised each year for the obligations to employees taking pre-retirement -in terms of salaries and other employee benefit costs- from the date of their pre-retirement to the agreed end date. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In December 2020, Banco Santander reached an agreement with the workers' representatives to implement an early retirement and incentivized dismissals plan, which was expected to benefit 3,572 employees during 2021, constituting a provision to cover these commitments amounting to EUR 688 million. In addition to this plan, in 2020, 443 employees took advantage of the offer of early retirement and incentivized dismissals, increasing the provision made to cover these commitments to EUR 84 million. In 2021, to complete the plan announced in 2020, an amount of EUR 139 million was recognised, increasing the number of early retirements and incentivized dismissals plan to 3,915 employees in the total period.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022, the provision made to cover the commitments with 446 employees covered by early retirement plans and incentivized dismissals plan amounted to EUR 92 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In December 2019, Banco Santander reached an agreement with the workers' representatives to offer during 2020 to part of its passive personnel, the possibility of receiving the pensionable rights derived from the collective bargaining agreement in the form of a single consideration or divided into a maximum of 5 equal annuities. The proposal was also extended to personnel with pensionable rights recognized under individual contracts or agreements. The number of beneficiaries who exercised the voluntary option of accepting the substitution of the life annuity for the payment of a lump sum in the form of a capital sum or in instalments of a maximum of 5 annuities amounted to 15,613 people. The effect of the reduction of the aforementioned commitments is shown in the tables below under the headings 'Benefits paid in settlement' in the amount of EUR 1,551 million and 'Effect of reduction/settlement' in the amount of EUR 362 million.</span></div></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 8 July 2021, Banco Santander reached an agreement with the employee representatives for the transformation of defined benefit pension commitments into defined contributions for certain retired personnel from Banco Popular and Banco Pastor. Through the aforementioned Collective Agreement, it was agreed to carry out an offer to replace the life annuities that the passive personnel included in the scope of application of said Collective Agreement had been receiving, for a capitalization fund in the Santander Employees pension plan. The number of beneficiaries who exercised the voluntary option to accept the substitution of the life annuity for a capitalization fund in the Santander Employees pension plan amounted to 1,468 people.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The effect of the reduction of the aforementioned commitments is shown in the tables below under the headings 'Benefits paid by settlement' amounting to EUR 166 million and 'Effect reduction / settlement' amounting to EUR 38 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The expenses incurred by the Spanish companies in 2022, 2021 and 2020 in respect of contributions to defined contribution plans amounted to EUR 101 million, EUR 91 million and EUR 89 million, respectively.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount of the defined benefit obligations was determined on the basis of the work performed by independent actuaries using the following actuarial techniques:</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1. Valuation method: projected unit credit method, which sees each period of service as giving rise to an additional unit of benefit entitlement and measures each unit separately.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. Actuarial assumptions used: unbiased and mutually compatible. Specifically, the most significant actuarial assumptions used in the calculations were as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:18pt;text-indent:-18pt"><span><br/></span></div></div></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.344%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 6.62pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="padding:0 6.62pt"/><td colspan="9" style="padding:2px 6.62pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt 0 12.25pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual discount rate</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mortality tables</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">PE2020 M/F Col. Orden 1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">PE2020 M/F Col. Orden 1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">PE2020 M/F Col. Orden 1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">PE2020 M/F Col. Orden 1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">PE2020 M/F Col. Orden 1</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">PE2020 M/F Col. Orden 1</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cumulative annual CPI growth</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.00 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.00 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual salary increase rate</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.25%</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.25%</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.25%</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual social security pension increase rate</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.00 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00 </span></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual benefit increase rate</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Corresponds to the group’s defined-benefit obligations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The discount rate used for the flows was determined by reference to high-quality corporate bonds (at least AA in euros) matching the durations of the commitments. From the bond portfolio considered, callable, putable and sinkable bonds, which could distort the rates, are excluded. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Any changes in the main assumptions could affect the calculation of the obligations. At 31 December 2022, if the discount rate used had been decreased or increased by 50 basis points (bp), there would have been an increase or decrease in the present value of the post-employment obligations of 3.80% (-50 bp) to -3.60% (+50 bp),respectively, and an increase or decrease in the present value of the long-term obligations of 1.04% (-50 bp) to -1.02% (+50 bp), respectively.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These changes would be offset in part by increases or decreases in the fair value of the assets and insurance contracts linked to pensions.</span></div><div style="margin-bottom:9pt;padding-left:8.5pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">3. The estimated retirement age of each employee is the first at which the employee is entitled to retire or the agreed-upon age, as appropriate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of insurance contracts was determined as the present value of the related payment obligations, taking into account the following assumptions:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:50.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.985%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.757%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected rate of return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected rate of return on reimbursement rights</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.90 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.60 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">N/A</span></td></tr></table></div><div style="margin-bottom:9pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The funding status of the defined benefit obligations in 2022 and the two preceding years is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:51.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.985%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.756%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To current employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Vested obligations to retired employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,005 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,797 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,318 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To pre-retirees employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">892 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,186 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,688 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Long-service bonuses and other benefits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,076</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,891</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,419</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,198</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less - Fair value of plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">861 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,217 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions - Provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,877</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">895</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,188</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,695</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Internal provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,141 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,560 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,707 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">895 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,695 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Net pension assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(24)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Insurance contracts linked to pensions (note 14)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">104 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Unrecognised net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:6pt;margin-top:15pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">The amounts recognised in the consolidated income statements in relation to the aforementioned defined benefit obligations are as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.575%"><tr><td style="width:1.0%"/><td style="width:50.460%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.775%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.988%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.777%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost (net)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on insurance contracts linked to pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions or reversion of provisions</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Actuarial (gains)/losses recognised in the year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(67)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Pre-retirement cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">92 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">772 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">41</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(335)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">51</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">81</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including reduction/settlement effect</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in 2022 'Other comprehensive income – Items not reclassified to profit or loss – Actuarial gains or (-) losses on defined benefit pension plans' has decreased by EUR 295 million with respect to defined benefit obligations (decrease of EUR 37 and increase of EUR 84 million in 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the present value of the accrued defined benefit obligations were as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.832%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,891 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,419 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,494 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,198 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,707 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,335 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pre-retirement cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">772 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of curtailment/settlement</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(61)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(258)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(248)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(359)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(346)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(589)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(392)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid due to settlements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(166)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,551)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(631)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(68)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Demographic actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Financial actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(633)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(63)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,076</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,891</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,419</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,198</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;margin-top:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the fair value of plan assets and of insurance contracts linked to pensions were as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt;margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.720%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plan Assets</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,217 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,547 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/(losses) on settlements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(78)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(263)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(94)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions/(surrenders)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(303)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(76)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of plan assets at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">861</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,217</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,542</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.720%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Insurance Contracts linked to pensions</span></td></tr><tr><td colspan="24" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of insurance contracts linked to pensions at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">149 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">174 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">192 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on insurance contracts linked to pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Paid premiums</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of insurance contracts linked to pensions at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">104</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">174</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In view of the conversion of the defined-benefit obligations to defined-contribution obligations, the Group will not make material current contributions in Spain in 2023 to fund its defined-benefit pension obligations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The plan assets and the insurance contracts linked to pensions are instrumented mainly through insurance policies.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the estimated benefits payable at 31 December 2022 for the next ten years:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:86.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.246%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2023</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">498</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2024</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">426</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2025</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">358</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2026</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">307</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2027</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">251</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2028 to 2032</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">807</span></td></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. United Kingdom</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of each of the last three years, the businesses in the United Kingdom had post-employment benefit obligations under defined contribution and defined benefit plans. The expenses incurred in respect of contributions to defined contribution plans amounted to EUR 77 million in 2022 (EUR 89 million in 2021 and EUR 91 million in 2020).</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount of the defined benefit obligations was determined on the basis of the work performed by independent actuaries using the following actuarial techniques:</span></div><div><span><br/></span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1. Valuation method: projected unit credit method, which sees each period of service as giving rise to an additional unit of benefit entitlement and measures each unit separately.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. Actuarial assumptions used: unbiased and mutually compatible. Specifically, the most significant actuarial assumptions used in the calculations were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.134%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.134%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.136%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual discount rate</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.88%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.90%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.28%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mortality tables</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">The S3 Middle tables weighted at 84% of the CMI_2021 projection with an initial addition of 0.25%, smoothing parameter 7 and improving 1.25%.</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">The S3 Middle tables weighted at 84% of the CMI_2020 projection with an initial addition of 0.15%, smoothing parameter 7 and improving 1.25%.</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">The S3 Middle tables weighted at 84% of the CMI_2018 projection with an initial addition of 0.15%, smoothing parameter 7 and improving 1.25%.</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cumulative annual CPI growth</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.11%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.37%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.95%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual salary increase rate</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.00%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Annual pension increase rate</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.98%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.21%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.85%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The discount rate used for the flows was determined by reference to high-quality corporate bonds (at least AA in pounds sterling) that coincide with the terms of the obligations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Any changes in the main assumptions could affect the calculation of the obligations. At 31 December 2022, if the discount rate used had been decreased or increased by 50 basis points, there would have been an increase or decrease in the present value of the obligations of 7.05% (-50 bp) and -6.31% (+50 bp), respectively. If the inflation assumption had been increased or decreased by 50 basis points, there would have been an increase or decrease in the present value of the obligations of 4.72% (+50 bp) and -4.60% (-50 bp), respectively. These changes would be offset in part by increases or decreases in the fair value of the assets.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The funding status of the defined benefit obligations in 2022 and the two preceding years is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,982 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,392 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,472 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less-</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,152 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,575 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions - Provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,170)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,852)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(103)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Internal provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,199)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,896)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(552)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amounts recognised in the consolidated income statements in relation to the aforementioned defined benefit obligations are as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost (net)</span></td><td colspan="2" style="background-color:#edf5f8;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37)</span></td><td style="background-color:#edf5f8;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions or reversal of provisions, net</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cost of services provided</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in 2022 'Other comprehensive income – Items not reclassified to profit or loss – Actuarial gains or (-) losses on defined benefit pension plans' increased by EUR 857 million with respect to defined benefit obligations (decrease of EUR 1,475 million and increase of EUR 568 million in 2021 and 2020, respectively).</span></div><div style="margin-bottom:1pt;margin-top:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the present value of the accrued defined benefit obligations were as follows:</span></div><div style="margin-bottom:9pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,392 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,472 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,297 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">283 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">219 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(465)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(445)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions made by employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,660)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,060 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Demographic actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(144)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Financial actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,516)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,026 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(585)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,042 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(771)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,982</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,472</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the fair value of the plan assets were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.247%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,244 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,575 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,755 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">320 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(463)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(443)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">262 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">285 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">274 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,517)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(670)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(799)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of plan assets at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,152</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17,244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,575</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2023 the Group expects to make current contributions to fund these obligations for amounts similar to those made in 2022.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main categories of plan assets as a percentage of total plan assets are as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:60.628%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.247%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Properties</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the estimated benefits payable at 31 December 2022 for the next ten years:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:86.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.246%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2023</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.6pt solid #ec0000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">471 </span></td><td style="background-color:#edf5f8;border-top:0.6pt solid #ec0000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2024</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">408 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2025</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">432 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2026</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">457 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2027</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">481 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2028 to 2032</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,632 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Other foreign subsidiaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Certain of the consolidated foreign entities have acquired commitments to their employees similar to post-employment benefits.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, 2021 and 2020, these entities had defined-contribution and defined-benefit post-employment benefit obligations. The expenses incurred in respect of contributions to defined contribution plans amounted to EUR 118 million in 2022 (EUR 106 million at 31 December 2021 and EUR 103 million at 31 December 2020).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The actuarial assumptions used by these entities (discount rates, mortality tables and cumulative annual CPI growth) are consistent with the economic and social conditions prevailing in the countries in which they are located.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Specifically, the discount rate used for the flows was determined by reference to high-quality corporate bonds, except in the case of Brazil where there is no extensive corporate bond market and, accordingly the discount rate was determined by reference to the series B bonds issued by the Brazilian National Treasury Secretariat for a term coinciding with that of the obligations. In Brazil the discount rate used was between 9.44% and 9.64%, the CPI 3.00% and the mortality table the AT-2000 Basic.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Any changes in the main assumptions could affect the calculation of the obligations. At 31 December 2022, if the discount rate used had been decreased or increased by 50 basis points, there would have been an increase or decrease in the present value of the obligations of 4.27% (-50 bp) and -3.95% (+50 bp), respectively. These changes would be offset in part by increases or decreases in the fair value of the assets.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The funding status of the obligations similar to post-employment benefits and other long-term benefits in 2022 and the two preceding years is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:56.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which business in Brazil</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,578 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,185 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,018 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,434 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less-</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which: with a charge to the participants</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">107 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">107 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">112 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,321 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,710 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,167 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions - Provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">150</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:700;line-height:105%">(632)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">745</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,140</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Internal provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,166 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">314 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,478 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,694 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(122)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(52)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(64)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(83)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Unrecognised net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(894)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(894)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(669)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(471)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amounts recognised in the consolidated income statements in relation to these obligations are as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="9" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost (net)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions or reversion of provisions</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(Actuarial gains)/losses recognised in the year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pre-retirement cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">108</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">83</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">118</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in 2022 'Other comprehensive income – Items not reclassified to profit or loss – Actuarial gains or (-) losses on defined benefit pension plans' decreased by EUR 320 million with respect to defined benefit obligations (decreased EUR 193 million and EUR 105 million in 2021 and 2020, respectively). </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the present value of the accrued obligations were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:58.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,018 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,434 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,717 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(84)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">546 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">429 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pre-retirement cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of curtailment/settlement</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(653)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(538)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid due to settlements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(179)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions made by employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(876)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(486)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Demographic actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Financial actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(881)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(502)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">681 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,334)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations<br/>at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,578</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,018</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,434</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the fair value of the plan assets were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,167 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,182 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,826 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(86)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">570 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">410 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(766)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(478)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(488)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">198 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">152 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(498)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">536 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">650 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,079)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of plan assets at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,321</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,167</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2023 the Group expects to make contributions to fund these obligations for amounts similar to those made in 2022.</span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main categories of plan assets as a percentage of total plan assets are as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:53.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Properties</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1.75pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4%</span></td></tr></table></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the estimated benefits payable at 31 December 2022 for the next ten years:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:86.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.246%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2023</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.6pt solid #ec0000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">602 </span></td><td style="background-color:#edf5f8;border-top:0.6pt solid #ec0000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2024</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">610 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2025</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">620 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2026</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">626 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2027</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">632 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2028 to 2032</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,228 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Provisions for taxes and other legal contingencies and Other provisions</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Provisions - Provisions for taxes and other legal contingencies' and 'Provisions - Other provisions', which include, inter alia, provisions for restructuring costs and tax-related and non-tax-related proceedings, were estimated using prudent calculation procedures in keeping with the uncertainty inherent to the obligations covered. The definitive date of the outflow of resources embodying economic benefits for the Group depends on each obligation. In certain cases, these obligations have no fixed settlement period and, in other cases, depend on the legal proceedings in progress.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by geographical area, of Provisions for taxes and other legal contingencies and Other provisions is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Recognised by Spanish companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,768 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,647 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Recognised by other EU companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">779 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">539 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Recognised by other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,977 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,049 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,239 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Brazil</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,243 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,475 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,073</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Set forth below is the detail, by type of provision, of the balance at 31 December 2022, 2021 and 2020 of Provisions for taxes and other legal contingencies and Other provisions. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The types of provision were determined by grouping together items of a similar nature:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for taxes</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">679 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">564 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">600 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for employment-related proceedings (Brazil)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">301 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">437 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for other legal proceedings</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,094 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,104 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,163 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provision for customer remediation</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">349 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">745 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">395 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Regulatory framework-related provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provision for restructuring</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">641 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">810 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">990 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">897 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,073</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Relevant information is set forth below in relation to each type of provision shown in the preceding table.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions for taxes include provisions for tax-related proceedings.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions for employment-related proceedings (Brazil) relate to claims filed by trade unions, associations, the prosecutor’s office and ex-employees claiming employment rights to which, in their view, they are entitled, particularly the payment of overtime and other employment rights, including litigation concerning retirement benefits. The number and nature of these proceedings, which are common for banks in Brazil, justify the classification of these provisions in a separate category or as a separate type from the rest. The Group calculates the provisions associated with these claims in accordance with past experience of payments made in relation to claims for similar items. When claims do not fall within these categories, a case-by-case assessment is performed and the amount of the provision is calculated in accordance with the status of each proceeding and the risk assessment carried out by the legal advisers.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions for other legal proceedings include provisions for court, arbitration or administrative proceedings (other than those included in other categories or types of provisions disclosed separately) brought against Grupo Santander companies.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions for customer remediation include mainly the estimated cost of payments to remedy errors relating to the sale of certain products in the UK, as well as the estimated amount related to the floor clauses of Banco Popular Español, S.A.U. To calculate the provision for customer remediation, the best estimate of the provision made by management is used, which is based on the estimated number of claims to be received and, of these, the number that will be accepted, as well as the estimated average payment per case. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The regulatory framework-related provisions include those related to the banking tax in Poland and Bank Levy in United Kingdom.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The provisions for restructuring include only the costs arising from restructuring processes carried out by the various Group companies.</span></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lastly, the Other heading contains very atomized and individually insignificant provisions, such as the provisions to cover the operational risk of the different offices of the Group.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Qualitative information on the main litigation is provided in Note 25 e to the consolidated financial statements.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> The Group's general policy is to record provisions for tax and legal proceedings in which the Group assesses the chances of loss to be probable and the Group does not record provisions when the chances of loss are possible or remote. Grupo Santander determines the amounts to be provided for as its best estimate of the expenditure required to settle the corresponding claim based, among other factors, on a case-by-case analysis of the facts and the legal opinion of internal and external counsel or by considering the historical average amount of the loss incurred in claims of the same nature. The definitive date of the outflow of resources embodying economic benefits for the Group depends on each obligation. In certain cases, the obligations do not have a fixed settlement term and, in others, they depend on legal proceedings in progress.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main movements during the 2022 of the breakdown provisions are shown below:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With respect to provisions for labor and other legal proceedings, in Brazil, provisions of EUR 174 million and EUR 161 million were recorded, making payments of EUR 241 million and EUR 252 million, respectively.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With respect to provisions for customer compensation, and based on the best information available, the gross amount of mortgage loans denominated and indexed to foreign currencies in Poland has been adjusted, in accordance with IFRS 9, by the new estimated cash flows, as described in Note 25.e.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the regulatory framework side, EUR 53 million were provisioned in the United Kingdom and a utilization of EUR 70 million was made in the year (Bank Levy). In addition, in Poland, EUR 161 million were recorded under the regulatory framework and paid during the year.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In December 2022, Santander UK plc paid a EUR 127 million financial penalty to settle the Financial Conduct Authority's (FCA) enforcement investigation into the anti-money laundering systems and controls in the Business Banking division in the period between 31 December 2012 and 18 October 2017. This settlement concluded the FCA’s investigation.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">e) Litigation and other matters</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Tax-related litigation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the main tax-related proceedings concerning the Group were as follows:</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:10pt;font-weight:400;line-height:112%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%;padding-left:3.03pt">Legal actions filed by Banco Santander (Brasil) S.A. and other Group entities to avoid the application of Law 9.718/98, which modifies the basis to calculate Programa de Integraçao Social (PIS) and Contribuição para Financiamento da Seguridade Social (COFINS), extending it to all the entities income, and not only to the income from the provision of services. In relation of Banco Santander (Brasil) S.A. process, in May 2015 the Federal Supreme Court (FSC) admitted the extraordinary appeal filed by the Federal Union regarding PIS, and dismissed the extraordinary appeal lodged by the Brazilian Public Prosecutor's Office regarding COFINS contribution, confirming the decision of Federal Regional Court favourable to Banco Santander (Brasil) S.A. of August 2007. The appeals filed by the other entities before the Federal Supreme Court, both for PIS and COFINS, are still pending and fully provisioned.</span></div><div style="text-indent:8.93pt"><span><br/></span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:10pt;font-weight:400;line-height:112%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%;padding-left:3.03pt">Banco Santander (Brasil) S.A. and other Group companies in Brazil have appealed against the assessments issued by the Brazilian tax authorities questioning the deduction of loan losses in their income tax returns (Imposto sobre a Renda das Pessoas Jurídicas - IRPJ - and Contribuçao Social sobre o Lucro Liquido -CSLL-) in relation to different administrative processes of various years on the ground that the requirements under the applicable legislation were not met. The appeals are pending decision in the administrative Court, the Conselho Adminisitrativo de Recursos Fiscais (CARF). No provision was recognised in connection with the amount considered to be a contingent liability.</span></div><div style="text-indent:8.93pt"><span><br/></span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:3.44pt">Banco Santander (Brasil) S.A. and other Group companies in Brazil are involved in administrative and legal proceedings against several municipalities that demand payment of the Service Tax on certain items of income from transactions not classified as provisions of services. There are several cases in different judicial instances. A provision was recognised in connection with the amount of the estimated loss. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander (Brasil) S.A. and other Group companies in Brazil are involved in administrative and legal proceedings against the tax authorities in connection with the taxation for social security purposes of certain items which are not considered to be employee remuneration. There are several cases in different judicial instances. A provision was recognised in connection with the amount of the estimated loss. </span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In May 2003 the Brazilian tax authorities issued separate infringement notices against Santander Distribuidora de Títulos e Valores Mobiliarios, Ltda. (DTVM, actually Santander Brasil Tecnología S.A.) and Banco Santander (Brasil) S.A. in relation to the Provisional Tax on Financial Movements (Contribuição Provisória sobre Movimentação Financeira) of the years 2000 to 2002. The administrative discussion ended unfavourably for both companies, and on July 3, 2015, filed a lawsuit requesting the cancellation of both tax assessments. The lawsuit was judged unfavourably in first instance. Therefore, both plaintiffs appealed to the court of second instance. On December 2020, the appeal was decided unfavourably. Against the judgment, the bank filed a motion for clarification which has not been accepted. Currently it is appealed to higher courts. There is a provision recognized for the estimated loss.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In December 2010 the Brazilian tax authorities issued an infringement notice against Santander Seguros S.A. (Brazil), currently Zurich Santander Brasil Seguros e Previdência S.A., as the successor by merger to ABN AMRO Brasil dois Participações S.A., in relation to income tax (IRPJ and CSLL) for 2005, questioning the tax treatment applied to a sale of shares of Real Seguros, S.A. The administrative discussion ended unfavourably, and the CARF decision has been appealed at the Federal Justice. As the former parent of Santander Seguros S.A. (Brasil), Banco Santander (Brasil) S.A. is liable in the event of any adverse outcome of this proceeding. No provision was recognised in connection with this proceeding as it is considered to be a contingent liability.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In November 2014 the Brazilian tax authorities issued an infringement notice against Banco Santander (Brasil) S.A. in relation to corporate income tax (IRPJ and CSLL) for 2009 questioning the tax-deductibility of the amortisation of the goodwill of Banco ABN AMRO Real S.A. performed prior to the absorption of this bank by Banco Santander (Brasil) S.A., but accepting the amortisation performed after the merger. Actually it is appealed before the Higher Chamber of CARF. No provision was recognised in connection with this proceeding as it was considered to be a contingent liability.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander (Brasil) S.A. has also appealed against infringement notices issued by the tax authorities questioning the tax deductibility of the amortisation of the goodwill arising on the acquisition of Banco Comercial e de Investimento Sudameris S.A from years 2007 to 2012. No provision was recognised in connection with this matter as it was considered to be a contingent liability.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander (Brasil) S.A. and other companies of the Group in Brazil are undergoing administrative and judicial procedures against Brazilian tax authorities for not admitting tax compensation with credits derived from other tax concepts, not having registered a provision for the amount considered to be a contingent liability.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander (Brasil) S.A. is involved in appeals in relation to infringement notices initiated by tax authorities regarding the offsetting of tax losses in the CSLL of year 2009. The appeal is pending decision in CARF. No provision was recognised in connection with this matter as it is considered to be a contingent liability.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%;padding-left:3.44pt">Banco Santander (Brasil) S.A. filed a suspensive judicial measure aiming to avoid the withholding income tax (Imposto sobre a Renda Retido na Fonte - IRRF), on payments derived from technology services provided by Group foreign entities. A favorable decision was handed down and an appeal was filed by the tax authority at the Federal Regional Court, where it awaits judgment. No provision was recognized as it is considered to be a contingent liability</span></div><div style="text-indent:8.93pt"><span><br/></span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Brazilian tax authorities have issued infringement notices against Getnet Adquirência e Serviços para Meios de Pagamento S.A and Banco Santander (Brasil) S.A. as jointly liable in relation to corporate income tax (IRPJ and CSLL) for 2014 to 2018 questioning the tax-deductibility of the amortization of the goodwill from the acquisition of Getnet Tecnologia Proces S.A., considering that the company would not have complied with the legal requirements for such amortization. A defense against the tax assessment notices were submitted, and the appeal is pending decision in CARF. No provision was recognized as it is considered to be a contingent liability.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The total amount for the aforementioned Brazil lawsuits that are fully provisioned is EUR 691 million, and for lawsuits that qualify as contingent liabilities is EUR 4,977 million.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander appealed before European Courts the Decisions 2011/5/CE of 28 October 2009 (First Decision), and 2011/282/UE of 12 January 2011 (Second Decision) of the European Commission, ruling that the deduction of the financial goodwill regulated pursuant to Article 12.5 of the Corporate Income Tax Law constituted illegal State aid. On October 2021 the Court of Justice definitively confirmed these Decisions. The dismissal of the appeal, that only affects these two decisions, had no impact on results.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the date of approval of these consolidated annual accounts, there are other less significant tax disputes.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Non-tax-related proceedings </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the main non-tax-related proceedings concerning the Group were as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Payment Protection Insurance (PPI): In recent years Santander UK plc has processed customer claims associated with the sale of payment protection insurance (PPI), derived from the Financial Conduct Authority guidelines. As of 31 December 2022 there is no provision related to those claims as the deadline for presenting them has already expired. However, customers can still commence in-court litigation for the mis-sale of PPI and a provision for the best estimate of any obligation to pay compensation in respect of current and future claims is recognized for this purpose.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, there is a legal dispute regarding allocation of liability for pre-2005 PPI policies that two entities of the Axa Group (hereinafter "Axa France" acquired from Genworth Financial International Holdings, Inc. in September 2015. The dispute involves Santander Cards UK Limited (formerly known as GE Capital Bank Limited which was acquired by Banco Santander, S.A. from GE Capital group in 2008) which was the distributor of the policies in dispute and Santander Insurance Services UK Limited (the Santander Entities). </span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In July 2017, the Santander Entities notified Axa France that they did not accept liability for losses on PPI policies relating to the referred period. Santander UK plc entered in a Complaints Handling Agreement –that included a standstill agreement- agreeing to handle complaints on Axa France, whilst Axa France accepted paying redress assessed to be due to relevant policyholders on a without prejudice basis. </span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">After the termination of the Complaints Handling Agreement, on 30 December 2020 Axa France provided written notice to the Santander Entities to terminate the standstill agreement. On 5 March 2021, the Santander Entities were served with a Claim Form and Brief Details of Claim by Axa France, claiming that the Santander Entities are liable to reimburse Axa France for pre-2005 PPI mis-selling losses, currently estimated at GBP 636 million (EUR 717.2 million). On 22 March 2021, the Santander Entities acknowledged service of the claim and notified the court of their intention to defend the claim in full and issued an application for Axa Frances’s claim to be struck out/summarily dismissed, which was heard by the Commercial Court on 22 and 23 February 2022 with judgement reserved. Judgment was handed down by the Commercial Court on 12 July 2022. The Commercial Court upheld a significant part of the Santander Entities’ strike-out plead. The Santander Entities have sought permission to appeal aspects of the strike out decision on which they were unsuccessful. Axa France updated the amount of losses claimed from GBP 636 million (EUR 717.2 million) to GBP 670 million (EUR 755.5 million) in their Amended Particulars of Claim dated 21 October 2022. </span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding those claims admitted or those that may eventually be made in the aforementioned appeal, there are factual issues that will be resolved during the processing of the trial that may have legal consequences including in relation to liability. These issues create uncertainties which mean that it is difficult to reliably predict the outcome or the timing of the resolution of the matter. The provision includes our best estimate of the Santander Entities’ liability for this matter.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Delforca: dispute arising from equity swaps entered into by Gaesco (now Delforca 2008, S.A.) on shares of Inmobiliaria Colonial, S.A. Banco Santander, S.A. is claiming to Delforca before the Court of Barcelona in charge of the bankruptcy proceedings, a total of EUR 66 million from the liquidation resulting from the early termination of financial transactions due to Delforca's non-payment of the equity swaps. In the same bankruptcy proceedings, Delforca and Mobiliaria Monesa have in turn claimed the Bank to repay EUR 57 million, which the Bank received for the enforcement of the agreed guarantee, as a result of the aforementioned liquidation. On 16 September 2021 the Commercial Court Number 10 of Barcelona has ordered Delforca to pay the Bank EUR 66 million plus EUR 11 million in interest and has dismissed the claims filed by Delforca. This decision has been appealed by Delforca, Mobiliaria Monesa and the bankruptcy administrator. The appeal which the Bank has already opposed to will be resolved by the Provincial Court of Barcelona.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Separately, Mobiliaria Monesa, S.A. (parent of Delforca) filed in 2009 a civil procedure with the Courts of Santander against the Bank claiming damages that have not been specified to date. The procedure is suspended.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Former employees of Banco do Estado de São Paulo S.A., Santander Banespa, Cia. de Arrendamiento Mercantil: claim initiated in 1998 by the association of retired Banespa employees (AFABESP) requesting the payment of a half-yearly bonus contemplated in the by-laws of Banespa in the event that Banespa obtained a profit and that the distribution of this profit were approved by the Board of Directors. The bonus was not paid in 1994 and 1995 since Banespa had not made a profit during those years. Partial payments were made from 1996 to 2000, as approved by the Board of Directors. The relevant clause was eliminated in 2001. The Tribunal Regional do Trabalho (Regional Labour Court) and the High Employment Court (TST) ordered Santander Brazil, as successor to Banespa, to pay this half-yearly bonus for the period from 1996 to the present. On 20 March 2019, the Supreme Federal Court (STF) rejected the extraordinary appeal filed by Santander Brazil.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander Bank Brazil filed a rescissory action before the TST to nullify the decisions of the main proceedings and suspend the execution of the judgment, which was deemed inadmissible, therefore its execution was suspended. The rescissory action was dismissed and a motion for clarification was filed, due to the absence of an explicit argument to deny the rescissory action filed by Santander Brazil. After the decision of the motion for clarification, Santander Brazil filed an extraordinary appeal in the rescissory action in February 2021, which was denied in an interlocutory decision in June 2021 by the TST. As Santander Brazil understands there is a conflict between the TST decision and the doctrine set by the STF, Santander Brazil appealed this decision. This appeal is pending.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In August 2021, a first instance court ruled that the enforcement of the TST decision shall be carried out individually, at the jurisdiction pertaining to each person. AFABESP appealed this decision. In December 2021, the Regional Labor Court denied the appeal filed by AFABESP. This decision has not been appealed by AFABESP, and therefore it has become firm.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander Brazil external advisers have classified the risk as probable. The recorded provisions are considered sufficient to cover the risks associated with the legal claims that are being substantiated as of 31 December 2022. </span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">'Planos Económicos': like the rest of the banking system in Brasil, Santander Brazil has been the target of customer complaints and collective civil suits stemming mainly from legislative changes and its application to bank deposits ('economic plans'). At the end of 2017, an agreement between regulatory entities and the Brazilian Federation of Banks (Febraban) with the purpose of closing the lawsuits was reached and was approved by the Supremo Tribunal Federal. Discussions focused on specifying the amount to be paid to each affected client according to the balance in their notebook at the time of the Plan. Finally, the total value of the payments will depend on the number of adhesions there may be and the number of savers who have demonstrated the existence of the account and its balance on the date the indexes were changed. In November 2018, the STF ordered the suspension of all economic plan proceedings for two years from May 2018. On 29 May 2020, the STF approved the extension of the agreement for 5 additional years starting from 3 June 2020. Condition for this extension was to include in the agreement actions related to the 'Collor I Plan'. On 31 December 2022, the provision recorded for the economic plan proceedings amounts to EUR 220 million.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Floor clauses: as a consequence of the acquisition of Banco Popular Español, S.A.U. ('Banco Popular'), the Group has been exposed to a material number of transactions with floor clauses. The so-called "floor clauses" are those under which the borrower accepts a minimum interest rate to be paid to the lender, regardless of the applicable reference interest rate. Banco Popular included "floor clauses" in certain asset-side transactions with customers. In relation to this type of clauses, and after several rulings made by the Court of Justice of the European Union and the Spanish Supreme Court, and the extrajudicial process established by the Spanish Royal Decree-Law 1/2017, of 20 January, Banco Popular made provisions that were updated in order to cover the effect of the potential return of the excess interest charged for the application of the floor clauses between the contract date of the corresponding mortgage loans and May 2013. At 31 December 2022, after having processed most of the customer requests, the potential residual loss associated with ongoing court proceedings is estimated at EUR 60.1 million, amount which is fully covered by provisions. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Popular´s acquisition: After the declaration of the resolution of Banco Popular, some investors filed claims against the EU’s Single Resolution Board decision, and the FROB's resolution executed in accordance to the aforementioned decision. Likewise, numerous appeals were filed against Banco Santander, S.A. alleging that the information provided by Banco Popular was erroneous and requesting from Banco Santander, S.A. the restitution of the price paid for the acquisition of the investment instruments or, where appropriate, the corresponding compensation. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to these appeals, on the one hand, the General Court of the European Union (“GCUE”) selected 5 appeals from among all those filed before the European courts by various investors against the European institutions and processed them as pilot cases. On 1 June 2022, the GCUE has rendered five judgements in which it has completely dismissed the appeals, (i) supporting the legality of the resolution framework applied to Banco Popular, (ii) confirming the legality of the action of the European institutions in the resolution of Banco Popular and (iii) rejecting, in particular, all the allegations that there were irregularities in the sale process of Banco Popular to Banco Santander, S.A. Four of these judgments have been appealed before the Court of Justice of the European Union ("CJEU").</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the other hand, in relation to the lawsuits initiated by investors directly against Banco Santander, S.A. derived from the acquisition of Banco Popular, on 2 September 2020, the Provincial Court of La Coruña submitted a preliminary ruling to the CJEU in which it asked for the correct interpretation of the Article 60, section 2 of Directive 2014/59/EU of the European Parliament and of the Council of 15 May, establishing a framework for the restructuring and resolution of credit institutions and investment services companies. Said article establishes that, in the cases of redemption of capital instruments in a bank resolution, no liability will subsist in relation to the amount of the instrument that has been redeemed. On 5 May 2022, the CJEU has rendered its judgement confirming that Directive 2014/59/EU of the European Parliament and of the Council does not allow that, after the total redemption of the shares of the share capital of a credit institution or an investment services company subject to a resolution procedure, the shareholders who have acquired shares within the framework of a public subscription offer issued by said company before the start of such a resolution procedure, exercise against that entity or against its successor, an action for liability for the information contained in the prospectus, under Directive 2003/71/EC of the European Parliament and of the Council, or an action for annulment of the subscription contract for those shares, which, taking into account its retroactive effects, gives rise to the restitution of the equivalent value of said shares, plus the interest accrued from the date of execution of said contract. In respect to this judgement, in December 2022 the Spanish Supreme Court submitted pre-judicial issues before the CJEU in respect of its applicability to subordinated obligations amortized with the resolution and to subordinated obligations and/or preferred shares converted into shares before resolution.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Separately, the Central Court of Instruction 4 is currently conducting preliminary proceedings 42/2017, in which, amongst other things, is being investigated the following: (i) the accuracy of the prospectus for the capital increase with subscription rights carried out by Banco Popular in 2016; and (ii) the alleged manipulation of the share price of Banco Popular until the resolution of the bank, in June 2017. During the course of the proceedings, on 30 April 2019, the Spanish National Court, ruled in favour of Banco Santander, S.A. declaring that Banco Santander, S.A. cannot inherit Banco Popular’s potential criminal liability. This ruling was appealed before the Supreme Court, which rejected it. In these proceedings, Banco Santander, S.A. could potentially be subsidiarily liable for the civil consequences. In view of the CJEU ruling of 5 May 2022, the Bank has requested confirmation of the exclusion of its subsidiary civil liability status in this criminal proceeding. On 26 July 2022, the Court has rejected this request stating that it is a matter to be determined at a later procedural time. This decision has been confirmed on appeal by the Chamber of the National Court by sentence of 5 October 2022. The estimated cost of any compensation to shareholders and bondholders of Banco Popular recognized in the 2017 accounts amounted to EUR 680 million, of which EUR 535 million were applied to the commercial loyalty program. The CJEU judgement of 5 May represents a very significant reduction in the risk associated with these claims.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">German shares investigation: the Cologne Public Prosecution Office is conducting an investigation against the Bank, and other group entities based in UK - Santander UK plc, Santander Financial Services Plc and Cater Allen International Limited -, in relation to a particular type of tax dividend linked transactions known as cum-ex transactions.</span></div><div style="text-indent:8.93pt"><span><br/></span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group is cooperating with the German authorities. According to the state of the investigations, the result and the effects for the Group, which may potentially include the imposition of material financial penalties, cannot be anticipated. For this reason, the Bank has not recognized any provisions in relation to the potential imposition of financial penalties. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander, S.A. was sued in a legal proceeding in which the plaintiff alleges that the Bank breached his contract as CEO of the institution. In the lawsuit, the claimant mainly requested a declaratory ruling that upholds the existence, validity and effectiveness of such contract and its enforcement together with the payment of certain amounts. If the main request is not granted, the claimant sought a compensation for a total amount of approximately EUR 112 million or, an alternative relief for other minor amounts. Banco Santander, S.A. answered to the legal action stating that the conditions to which the appointment of that position was subject to were not met; that the executive services contract required by law was not concluded; and that in any case, the parties could terminate the contract without any justified cause. On 17 May 2021, the plaintiff reduced his claims for compensation to EUR 61.9 million.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 9 December 2021, the Court upheld the claim and ordered the Bank to compensate the claimant in the amount of EUR 67.8 million. By court order of 13 January 2022, the Court corrected and supplemented its judgment, reducing the total amount to be paid by the Bank to EUR 51.4 million and clarifying the part of this amount (buy out) was to be paid under the terms of the offer letter, i.e., entirely in Banco Santander shares, within the deferral period for this type of remuneration at the plaintiff's former employer and subject to the performance metrics or parameters of the plan in force at the Bank, which was that of 2018. As explained in note 5 of the report, the degree of performance of these objectives was 33.3%.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Bank filed an appeal against the judgment before the Madrid Court of Appeal, which was opposed by the plaintiff. At the same time, the plaintiff filed an application for provisional enforcement of the judgment in the first instance court. A court order was issued ordering enforcement of the judgment, and the Bank deposited in the court bank account the full amount provisionally awarded to the claimant, including interest, for an approximate sum of EUR. 35.5 million, within the voluntary compliance period.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 6 February 2023, Banco Santander was notified of the judgment of 20 January 2023 by which the Madrid Court of Appeal partially upheld the appeal filed by the Bank. The judgment has reduced the amount to be paid by EUR 8 million, which, to the extent that this amount was already paid in the provisional partial enforcement of the judgement of first instance court, must be returned to the Bank together with other amounts for interest, which the appeal judgement also rejects.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Bank has submitted a brief requesting a supplement to the Madrid Court of Appeal’s judgment, as it understands that it has not ruled on some substantial allegations over the merits of the case made in the Bank’s appeal. The Bank will file an extraordinary appeal for procedural infringement and an appeal in cassation against the Madrid Court of Appeal’s judgment before Spanish Supreme Court. Existing provisions cover the estimated risk of loss.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Universalpay Entidad de Pago, S.L. has filed a lawsuit against Banco Santander, S.A. for breach of the marketing alliance agreement (MAA) and claim payment (EUR 1,050 million). The MAA was originally entered into by Banco Popular and its purpose is the rendering of acquiring services (point of sale payment terminals) for businesses in the Spanish market. The lawsuit was mainly based on the potential breach of clause 6 of the MAA, which establishes certain obligations of exclusivity, non-competition and customer referral. On 16 December 2022, the Court ruled in favour of the Bank and dismissed the plaintiff's claim in its entirety. The decision has been appealed. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Taking into account the decision at first instance and following the analysis carried out by the Bank's external lawyers, with the best information available to date, it is considered that no provision needs to be registered.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span id="ia6538d3a68534ff19cfeef051ce97093_140129"/><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">CHF Polish Mortgage Loans: On 3 October 2019, the CJEU rendered its decision in relation to a judicial proceeding against an unrelated bank in Poland considering that certain contractual clauses in CHF-Indexed loan agreements were abusive. The CJEU has left to Polish courts the decision on whether the whole contract can be maintained once the abusive terms have been removed, which should in turn decide whether the effects of the annulment of the contract are prejudicial to the consumer. In case of maintenance of the contract, the court may only integrate the contract with subsidiary provisions of national law and decide, in accordance with those provisions, on the applicable rate.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2021, the Supreme Court was expected to take a position regarding the key issues in disputes concerning loans based on foreign currency, clarifying the discrepancies and unifying case law. The Supreme Court met several times, with the last session taking place on 2 September 2021. However, the resolution was not adopted and instead, the Supreme Court referred questions to the CJEU on constitutional issues of the Polish judiciary system. No new date for consideration of the issue has been set and no comprehensive decision by the Supreme Court of the issue is expected in the near future. In the absence of a comprehensive position of the Supreme Court, it is difficult to expect a full unification of judicial decisions, and decisions of the Supreme Court and CJEU issued on particular issues may be important for shaping further case law on CHF matters.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-0.01pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the date of the Group's consolidated financial statements, it is not possible to predict the Supreme Court’s and CJEU decisions on individual cases. Santander Bank Polska and Santander Consumer Bank Poland estimate legal risk using a model which considers different possible outcomes and regularly monitor court rulings on foreign currency loans to verify changes in case law practice.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022, Santander Bank Polska S.A. and Santander Consumer Bank S.A. maintain a portfolio of mortgages denominated in or indexed to CHF for an approximate gross amount of PLN 8,393.7 million (EUR 1,791.8 million). As of 1 January 2022, in accordance with IFRS 9 and based on the new best available information, the accounting methodology was adapted so that the gross carrying amount of mortgage loans denominated and indexed in foreign currencies is reduced by the amount in which the estimated cash flows are not expected to cover the gross amount of loans, including as a result of legal controversies relating to these loans. In the absence of exposure or insufficient gross exposure, a provision according to IAS 37 is recorded. </span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022, the total value of adjustment to gross carrying amount in accordance with IFRS9 as well as provisions recorded under IAS37, amount to PLN 3,557.3 million (EUR 759.4 million) of which PLN 3,136.3 million (EUR 669.5 million) corresponds to adjustment to gross carrying amount under IFRS 9 and PLN 421 million (EUR 89.9 million) to provisions recognized in accordance with IAS 37. Throughout 2022, the adjustment to gross carrying amount in accordance with IFRS9 amounted to PLN 1,283.3 million (EUR 274 million), the additional provisions under IAS37 amounted to PLN 236.8 million (EUR 50.6 million) and other costs related to the dispute amounted to PLN 218.1 million (EUR 46.6 million).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These provisions represent the best estimate as at 31 December 2022. Santander Bank Polska and Santander Consumer Bank Poland will continue to monitor and assess appropriateness of those provisions.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In December 2020, the Chairman of the Polish Financial Supervision Authority ('KNF') presented a proposal for voluntary settlements between banks and borrowers under which CHF loans would be retrospectively settled as PLN loans bearing an interest rate based on WIBOR plus margin. The Bank has been testing such settlements in relation to different customer groups in parallel with own settlement solutions. The results of the current tests have been incorporated into the provision calculation model.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On February 16, 2023, the CJEU General Advocate (“AG”) issued his opinion in case no. C-520/21 pending before the CJEU, where it considers that Directive 93/13/EEC does not oppose national legislative provisions, or the national jurisprudence that interprets them, that allow the consumer to exercise claims that go beyond the reimbursement of the loan instalments disbursed under the mortgage loan contract that is declared null and the payment of default interest at the legal rate accrued from the date of the payment request. However, it corresponds to the Polish courts to verify, in the light of their national law, whether consumers have the right to exercise this type of claim and, where appropriate, rule on its admissibility. With regard to banks, the opinion of the AG is that the Directive prevents a bank from exercising claims against a consumer that go beyond the repayment of the principal of the loan granted declared null and the payment of default interest at the legal rate accrued from the date of the payment request. The opinion is non-binding, so it does not definitively resolve these issues, which will be decided in the CJEU ruling that is expected in 2023. At the date of the consolidated annual accounts, it is not possible to predict a reliable estimate of the potential impact for the Group if the CJEU assumed the opinion of the AG, since this would also depend on the criterion adopted by the national courts.</span></div><div style="padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:112%">On 17 February 2023, the KNF has issued a statement in which upholds in full the opinion expressed by the Chairman of the KNF before the CJEU on 12 October 2022, disagreeing with the conclusions of the AG.</span></div><div style="padding-left:7.08pt"><span><br/></span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Banco Santander Mexico. Dispute regarding a testamentary trust constituted in 1994 by Mr. Roberto Garza Sada in Banca Serfin (currently Santander Mexico) in favor of his four sons in which he affected shares of Alfa, S.A.B. de C.V. (respectively, "Alfa" and the "Trust"). During 1999, Mr. Roberto Garza Sada instructed Santander México in its capacity as trustee to transfer 36,700,000 shares from the Trust's assets to his sons and daughters and himself. These instructions were ratified in 2004 by Mr. Roberto Garza Sada before a Notary Public. </span></div></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Mr. Roberto Garza Sada passed away on 14 August 2010 and subsequently, in 2012, his daughters filed a complaint against Santander Mexico alleging it had been negligent in its trustee role. The lawsuit was dismissed at first instance in April 2017 and on appeal in 2018. In May 2018, the plaintiffs filed an appeal (recurso de amparo) before the First Collegiate Court of the Fourth Circuit based in Nuevo León, which ruled in favor of the plaintiffs on 7 May 2021, annulling the 2018 appeal judgment and condemning Santander Mexico to the petitions claimed, consisting of the recovery of the amount of 36,700,000 Alfa shares, together with dividends, interest and damages. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander Mexico has filed various constitutional review and appeals against the recurso de amparo referred to above, which have been dismissed by the Supreme Court of Justice of the Nation. As of this date, an amparo review filed by the Bank is pending to be resolved in the Collegiate Courts in the State of Nuevo León, thus the judgment is not final. On 29 June 2022, Santander México, within the framework of the amparo review filed by the Bank, requested the First Collegiate Court in Civil Matters of the Fourth Circuit of Nuevo León the recusal of two of the three Magistrates who rendered against Santander Mexico, which has been resolved in favour of Santander Mexico. Plaintiffs have requested the recusal of the third Magistrate who ruled with a dissenting vote against the recurso de amparo referred above.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander México believes that the actions taken should prevail and reverse the decision against it. The impact of a potential unfavorable resolution for Santander México will be determined in a subsequent proceeding and will also depend on the additional actions that Santander México may take in its defense, so it is not possible to determine it at this time. At the current stage of the proceedings, the provisions recorded are considered to be sufficient to cover the risks deriving from this claim.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">URO Property Holdings, SOCIMI SA: on 16 February 2022, legal proceedings were commenced in the Commercial Court of London against Uro Property Holdings SOCIMI SA (“Uro”), a subsidiary of Banco Santander, S.A., by BNP Paribas Trust Corporation UK Limited (“BNP”) in its capacity as trustee on behalf of certain bondholders and beneficiaries of security rights. The litigation concerns certain terms of a financing granted to Uro which was supported by a bond issue in 2015. The claimant seeks a declaration by the Court and a monetary award against Uro, in connection with an additional premium above the nominal value of the financing repayment as a consequence of Uro having lost its status as SOCIMI (Sociedad Anónima Cotizada de Inversión Inmobiliaria), such loss causing the prepayment of the bond issue and, in the opinion of the claimant BNP, also the obligation to pay the additional premium by Uro. Uro denies being liable to pay that additional premium and filed its defense statement and announced a counterclaim against the claimant. The trial hearing has not been scheduled yet. Furthermore, Uro filed a summary judgement application for BNP's claim to be dismissed before trial. The Commercial Court dismissed the application and Uro is seeking permission to appeal this decision. It is estimated that the maximum loss associated with this possible contingency, amounts to approximately EUR 250 million.</span></div>Banco Santander and the other Group companies are subject to claims and, therefore, are party to certain legal proceedings incidental to the normal course of their business including those in connection with lending activities, relationships with employees and other commercial or tax matters additional to those referred to here.With the information available to it, the Group considers that, at 31 December 2022, it had reliably estimated the obligations associated with each proceeding and had recognized, where necessary, sufficient provisions to cover reasonably any liabilities that may arise as a result of these tax and legal risks. Disputes in which provisions have been registered but are not disclosed is justified on the basis that it would be prejudicial to the proper defense of the Group. Subject to the qualifications made, it also believes that any liability arising from such claims and proceedings will not have, overall, a material adverse effect on the Group’s business, financial position, or results of operations
CY2022Q4	ifrs-full	Provisions Provisions	8149000000	eur
CY2021Q4	ifrs-full	Provisions Provisions	9583000000	eur
CY2020Q4	ifrs-full	Provisions Provisions	10852000000	eur
CY2021Q4	ifrs-full	Provisions Provisions	9583000000	eur
CY2022	san	Increase Decrease Through Incorporation Of Group Companies Provisions IncreaseDecreaseThroughIncorporationOfGroupCompaniesProvisions	0	eur
CY2022	san	Increase Decrease Through Additions Charged Reversed To Income Provisions IncreaseDecreaseThroughAdditionsChargedReversedToIncomeProvisions	2046000000	eur
CY2022	san	Increase Through Pension Interest Expense Provision IncreaseThroughPensionInterestExpenseProvision	100000000	eur
CY2022	san	Increase Through Defined Benefit Pension Plans Personnel Expense Provisions IncreaseThroughDefinedBenefitPensionPlansPersonnelExpenseProvisions	65000000	eur
CY2022	san	Increase Decrease Through Extraordinary Provisions IncreaseDecreaseThroughExtraordinaryProvisions	1881000000	eur
CY2022	san	Increase Through Addition Of Extraordinary Provisions IncreaseThroughAdditionOfExtraordinaryProvisions	4217000000	eur
CY2022	san	Decrease Through Release Of Extraordinary Provisions DecreaseThroughReleaseOfExtraordinaryProvisions	2336000000	eur
CY2022	san	Increase Decrease Through Other Additions Arising From Insurance Contracts Linked To Pensions Provisions IncreaseDecreaseThroughOtherAdditionsArisingFromInsuranceContractsLinkedToPensionsProvisions	-33000000	eur
CY2022	san	Increase Decrease Through Changes In Value Recognized In Equity Provisions IncreaseDecreaseThroughChangesInValueRecognizedInEquityProvisions	242000000	eur
CY2022	san	Decrease Through Payments To Pensioners And Pre Retirees Provisions DecreaseThroughPaymentsToPensionersAndPreRetireesProvisions	592000000	eur
CY2022	san	Decrease Through Insurance Premiums Paid Provisions DecreaseThroughInsurancePremiumsPaidProvisions	3000000	eur
CY2022	san	Decrease Through Payments To External Funds Provisions DecreaseThroughPaymentsToExternalFundsProvisions	451000000	eur
CY2022	san	Decrease Through Amounts Used Provisions DecreaseThroughAmountsUsedProvisions	2817000000	eur
CY2022	san	Increase Decrease Through Transfer Exchange Differences And Other Changes Provisions IncreaseDecreaseThroughTransferExchangeDifferencesAndOtherChangesProvisions	174000000	eur
CY2022Q4	ifrs-full	Provisions Provisions	8149000000	eur
CY2020Q4	ifrs-full	Provisions Provisions	10852000000	eur
CY2019Q4	ifrs-full	Provisions Provisions	13987000000	eur
CY2021	san	Increase Decrease Through Incorporation Of Group Companies Provisions IncreaseDecreaseThroughIncorporationOfGroupCompaniesProvisions	0	eur
CY2020	san	Increase Decrease Through Incorporation Of Group Companies Provisions IncreaseDecreaseThroughIncorporationOfGroupCompaniesProvisions	-8000000	eur
CY2021	san	Increase Decrease Through Additions Charged Reversed To Income Provisions IncreaseDecreaseThroughAdditionsChargedReversedToIncomeProvisions	2978000000	eur
CY2020	san	Increase Decrease Through Additions Charged Reversed To Income Provisions IncreaseDecreaseThroughAdditionsChargedReversedToIncomeProvisions	2549000000	eur
CY2021	san	Increase Through Pension Interest Expense Provision IncreaseThroughPensionInterestExpenseProvision	91000000	eur
CY2020	san	Increase Through Pension Interest Expense Provision IncreaseThroughPensionInterestExpenseProvision	95000000	eur
CY2021	san	Increase Through Defined Benefit Pension Plans Personnel Expense Provisions IncreaseThroughDefinedBenefitPensionPlansPersonnelExpenseProvisions	73000000	eur
CY2020	san	Increase Through Defined Benefit Pension Plans Personnel Expense Provisions IncreaseThroughDefinedBenefitPensionPlansPersonnelExpenseProvisions	76000000	eur
CY2021	san	Increase Decrease Through Extraordinary Provisions IncreaseDecreaseThroughExtraordinaryProvisions	2814000000	eur
CY2020	san	Increase Decrease Through Extraordinary Provisions IncreaseDecreaseThroughExtraordinaryProvisions	2378000000	eur
CY2021	san	Increase Through Addition Of Extraordinary Provisions IncreaseThroughAdditionOfExtraordinaryProvisions	3713000000	eur
CY2020	san	Increase Through Addition Of Extraordinary Provisions IncreaseThroughAdditionOfExtraordinaryProvisions	3541000000	eur
CY2021	san	Decrease Through Release Of Extraordinary Provisions DecreaseThroughReleaseOfExtraordinaryProvisions	899000000	eur
CY2020	san	Decrease Through Release Of Extraordinary Provisions DecreaseThroughReleaseOfExtraordinaryProvisions	1163000000	eur
CY2021	san	Increase Decrease Through Other Additions Arising From Insurance Contracts Linked To Pensions Provisions IncreaseDecreaseThroughOtherAdditionsArisingFromInsuranceContractsLinkedToPensionsProvisions	-8000000	eur
CY2020	san	Increase Decrease Through Other Additions Arising From Insurance Contracts Linked To Pensions Provisions IncreaseDecreaseThroughOtherAdditionsArisingFromInsuranceContractsLinkedToPensionsProvisions	2000000	eur
CY2021	san	Increase Decrease Through Changes In Value Recognized In Equity Provisions IncreaseDecreaseThroughChangesInValueRecognizedInEquityProvisions	-1705000000	eur
CY2020	san	Increase Decrease Through Changes In Value Recognized In Equity Provisions IncreaseDecreaseThroughChangesInValueRecognizedInEquityProvisions	547000000	eur
CY2021	san	Decrease Through Payments To Pensioners And Pre Retirees Provisions DecreaseThroughPaymentsToPensionersAndPreRetireesProvisions	806000000	eur
CY2020	san	Decrease Through Payments To Pensioners And Pre Retirees Provisions DecreaseThroughPaymentsToPensionersAndPreRetireesProvisions	711000000	eur
CY2021	ifrs-full	Benefits Paid Or Payable BenefitsPaidOrPayable	0	eur
CY2020	ifrs-full	Benefits Paid Or Payable BenefitsPaidOrPayable	1551000000	eur
CY2021	san	Decrease Through Insurance Premiums Paid Provisions DecreaseThroughInsurancePremiumsPaidProvisions	0	eur
CY2020	san	Decrease Through Insurance Premiums Paid Provisions DecreaseThroughInsurancePremiumsPaidProvisions	1000000	eur
CY2021	san	Decrease Through Payments To External Funds Provisions DecreaseThroughPaymentsToExternalFundsProvisions	440000000	eur
CY2020	san	Decrease Through Payments To External Funds Provisions DecreaseThroughPaymentsToExternalFundsProvisions	333000000	eur
CY2021	san	Decrease Through Amounts Used Provisions DecreaseThroughAmountsUsedProvisions	2961000000	eur
CY2020	san	Decrease Through Amounts Used Provisions DecreaseThroughAmountsUsedProvisions	2485000000	eur
CY2021	san	Increase Decrease Through Transfer Exchange Differences And Other Changes Provisions IncreaseDecreaseThroughTransferExchangeDifferencesAndOtherChangesProvisions	1673000000	eur
CY2020	san	Increase Decrease Through Transfer Exchange Differences And Other Changes Provisions IncreaseDecreaseThroughTransferExchangeDifferencesAndOtherChangesProvisions	-1144000000	eur
CY2021Q4	ifrs-full	Provisions Provisions	9583000000	eur
CY2020Q4	ifrs-full	Provisions Provisions	10852000000	eur
CY2022Q4	san	Provision For Defined Benefits ProvisionForDefinedBenefits	3335000000	eur
CY2021Q4	san	Provision For Defined Benefits ProvisionForDefinedBenefits	4419000000	eur
CY2020Q4	san	Provision For Defined Benefits ProvisionForDefinedBenefits	5719000000	eur
CY2020Q4	san	Number Of Employees Accepted Pre Retirement And Voluntary Redundancy Offers Estimate NumberOfEmployeesAcceptedPreRetirementAndVoluntaryRedundancyOffersEstimate	3572	people
CY2020Q4	san	Provisions Recognized To Cover Expenses Of Pre Retirement And Voluntary Redundancy Offers ProvisionsRecognizedToCoverExpensesOfPreRetirementAndVoluntaryRedundancyOffers	688000000	eur
CY2020	san	Number Of Employees Accepted Pre Retirement And Voluntary Redundancy Offers NumberOfEmployeesAcceptedPreRetirementAndVoluntaryRedundancyOffers	443	people
CY2020	san	Provisions Recognized To Cover Expenses Of Pre Retirement And Voluntary Redundancy Offers ProvisionsRecognizedToCoverExpensesOfPreRetirementAndVoluntaryRedundancyOffers	84000000	eur
CY2021	san	Provisions Recognized To Cover Expenses Of Pre Retirement And Voluntary Redundancy Offers ProvisionsRecognizedToCoverExpensesOfPreRetirementAndVoluntaryRedundancyOffers	139000000	eur
CY2021	san	Number Of Employees Accepted Pre Retirement And Voluntary Redundancy Offers Estimate NumberOfEmployeesAcceptedPreRetirementAndVoluntaryRedundancyOffersEstimate	3915	people
CY2022	san	Number Of Employees Accepted Pre Retirement And Voluntary Redundancy Offers NumberOfEmployeesAcceptedPreRetirementAndVoluntaryRedundancyOffers	446	people
CY2022	san	Provisions Recognized To Cover Expenses Of Pre Retirement And Voluntary Redundancy Offers ProvisionsRecognizedToCoverExpensesOfPreRetirementAndVoluntaryRedundancyOffers	92000000	eur
CY2019Q4	san	Number Of Maximum Equal Annuities Option Of Substitution Of Life Annuity For Lump Sum Payment NumberOfMaximumEqualAnnuitiesOptionOfSubstitutionOfLifeAnnuityForLumpSumPayment	5	annuities
CY2019Q4	san	Number Of Maximum Equal Annuities Option Of Substitution Of Life Annuity For Lump Sum Payment NumberOfMaximumEqualAnnuitiesOptionOfSubstitutionOfLifeAnnuityForLumpSumPayment	5	annuities
CY2019Q4	san	Number Of Beneficiaries Exercising Voluntary Option Of Substitution Of Life Annuity For Lump Sum Payment NumberOfBeneficiariesExercisingVoluntaryOptionOfSubstitutionOfLifeAnnuityForLumpSumPayment	15613	employees
CY2019Q4	san	Benefits Paid In Lump Sum Settlement Of Life Annuity BenefitsPaidInLumpSumSettlementOfLifeAnnuity	1551000000	eur
CY2019Q4	san	Reduction In Post Employment Liability Due To Lump Sum Payment ReductionInPostEmploymentLiabilityDueToLumpSumPayment	362000000	eur
CY2021Q3	san	Number Of Employees Accepted Pre Retirement And Voluntary Redundancy Offers NumberOfEmployeesAcceptedPreRetirementAndVoluntaryRedundancyOffers	1468	people
CY2022	ifrs-full	Disclosure Of Net Defined Benefit Liability Asset Explanatory DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory	<div style="margin-bottom:9pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The funding status of the defined benefit obligations in 2022 and the two preceding years is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:51.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.985%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.756%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To current employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Vested obligations to retired employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,005 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,797 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,318 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">To pre-retirees employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">892 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,186 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,688 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Long-service bonuses and other benefits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,076</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,891</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,419</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,198</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less - Fair value of plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">861 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,217 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions - Provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,877</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">895</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,188</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,695</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Internal provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,141 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,560 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,707 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">895 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,695 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Net pension assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(24)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Insurance contracts linked to pensions (note 14)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">104 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Unrecognised net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(6)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The funding status of the defined benefit obligations in 2022 and the two preceding years is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,982 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,392 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,472 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less-</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,152 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,575 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions - Provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,170)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,852)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(103)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Internal provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,199)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,896)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(552)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The funding status of the obligations similar to post-employment benefits and other long-term benefits in 2022 and the two preceding years is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:56.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which business in Brazil</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,578 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,185 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,018 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,434 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less-</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which: with a charge to the participants</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">107 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">107 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">112 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,321 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,710 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,167 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Provisions - Provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">150</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:700;line-height:105%">(632)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">745</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,140</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Internal provisions for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,166 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">314 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,478 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,694 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(122)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(52)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(64)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(83)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Unrecognised net assets for pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(894)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(894)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(669)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(471)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Defined Benefit Plans Explanatory DisclosureOfDefinedBenefitPlansExplanatory	<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the present value of the accrued defined benefit obligations were as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.832%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,891 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,419 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,494 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,198 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,707 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,335 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pre-retirement cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">772 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of curtailment/settlement</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(61)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(258)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(248)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(359)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(346)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(589)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(392)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid due to settlements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(166)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,551)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(631)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(68)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Demographic actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Financial actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(633)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(63)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,076</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,891</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,419</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,198</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt;margin-top:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the present value of the accrued defined benefit obligations were as follows:</span></div><div style="margin-bottom:9pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,392 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,472 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,297 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">283 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">219 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(465)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(445)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions made by employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,660)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,060 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Demographic actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(144)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Financial actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5,516)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(916)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,026 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(585)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,042 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(771)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,982</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,472</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the present value of the accrued obligations were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:58.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Present value of the obligations at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,018 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,434 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,717 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(84)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Current service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">546 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">429 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pre-retirement cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of curtailment/settlement</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(653)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(538)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid due to settlements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(179)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions made by employees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Past service cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(876)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(486)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Demographic actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Financial actuarial (gains)/losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(881)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(502)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">681 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,334)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Present value of the obligations<br/>at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,578</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,018</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,434</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Fair Value Of Plan Assets Explanatory DisclosureOfFairValueOfPlanAssetsExplanatory	The changes in the fair value of plan assets and of insurance contracts linked to pensions were as follows:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.720%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plan Assets</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-employment plans</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other similar obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,217 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,547 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/(losses) on settlements</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(22)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(78)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(263)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(94)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions/(surrenders)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(303)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(76)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of plan assets at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">861</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,217</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,542</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the fair value of the plan assets were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.247%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,244 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,575 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,755 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">320 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(463)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(443)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">262 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">285 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">274 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,517)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(670)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(799)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of plan assets at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,152</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17,244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,575</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in the fair value of the plan assets were as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value of plan assets at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,167 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,182 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,826 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Incorporation of Group companies, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(86)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">570 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">410 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Benefits paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(766)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(478)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(488)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">198 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">152 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(498)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">536 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences and other items</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">650 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,079)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of plan assets at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,321</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,167</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Payments In Respect Of Settlements Net Defined Benefit Liability Asset PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset	179000000	eur
CY2021	ifrs-full	Payments In Respect Of Settlements Net Defined Benefit Liability Asset PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset	0	eur
CY2020	ifrs-full	Payments In Respect Of Settlements Net Defined Benefit Liability Asset PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset	0	eur
CY2022	ifrs-full	Disclosure Of Other Provisions Contingent Liabilities And Contingent Assets Explanatory DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by geographical area, of Provisions for taxes and other legal contingencies and Other provisions is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Recognised by Spanish companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,768 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,595 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,647 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Recognised by other EU companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">779 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">539 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Recognised by other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,977 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,049 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,239 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Brazil</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,243 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,475 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,073</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The types of provision were determined by grouping together items of a similar nature:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for taxes</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">679 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">564 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">600 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for employment-related proceedings (Brazil)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">301 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">328 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">437 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for other legal proceedings</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,094 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,104 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,163 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provision for customer remediation</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">349 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">745 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">395 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Regulatory framework-related provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provision for restructuring</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">641 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">810 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">990 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">897 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,073</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q2	san	Number Of Pilot Cases NumberOfPilotCases	5	appeal
CY2022Q2	san	Number Of Judgements Rendered On Pilot Cases Appealed NumberOfJudgementsRenderedOnPilotCasesAppealed	4	judgement
CY2022	ifrs-full	Disclosure Of Other Liabilities Explanatory DisclosureOfOtherLiabilitiesExplanatory	Other liabilities<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Other liabilities in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Transactions in transit</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">457 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">545 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">498 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accrued expenses and deferred income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,445 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,084 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,309 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,707 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,069 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,609</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,698</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	ifrs-full	Other Payables OtherPayables	457000000	eur
CY2021Q4	ifrs-full	Other Payables OtherPayables	545000000	eur
CY2020Q4	ifrs-full	Other Payables OtherPayables	498000000	eur
CY2022Q4	san	Accrued Expenses And Deferred Income AccruedExpensesAndDeferredIncome	8445000000	eur
CY2021Q4	san	Accrued Expenses And Deferred Income AccruedExpensesAndDeferredIncome	7084000000	eur
CY2020Q4	san	Accrued Expenses And Deferred Income AccruedExpensesAndDeferredIncome	6309000000	eur
CY2022Q4	san	Other Miscellaneous Liabilities OtherMiscellaneousLiabilities	5707000000	eur
CY2021Q4	san	Other Miscellaneous Liabilities OtherMiscellaneousLiabilities	5069000000	eur
CY2020Q4	san	Other Miscellaneous Liabilities OtherMiscellaneousLiabilities	5529000000	eur
CY2022Q4	ifrs-full	Other Liabilities OtherLiabilities	14609000000	eur
CY2021Q4	ifrs-full	Other Liabilities OtherLiabilities	12698000000	eur
CY2020Q4	ifrs-full	Other Liabilities OtherLiabilities	12336000000	eur
CY2022	ifrs-full	Disclosure Of Income Tax Explanatory DisclosureOfIncomeTaxExplanatory	Tax matters<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">a) Consolidated Tax Group</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Pursuant to current legislation, the Consolidated Tax Group includes Banco Santander, S.A. (as the parent) and the Spanish subsidiaries that meet the requirements provided for in Spanish legislation regulating the taxation of the consolidated profits of corporate groups (as the controlled entities). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The other Group companies file income tax returns in accordance with the tax regulations applicable to them.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">b) Years open for review by the tax authorities </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In June and November 2021 Spanish tax authorities formalized acts with agreement, conformity and non-conformity relating to the corporate income tax financial years 2012 to 2015. The adjustments signed in conformity and with agreement had not impact on results and, in relation to the concepts signed in disconformity both in this year and in previous years (corporate income tax 2003 to 2011), Banco Santander, S.A., as the Parent of the Consolidated Tax Group, considers, in accordance with the advice of its external lawyers, that the adjustments made should not have a significant impact on the consolidated financial statements, as there are sound arguments as proof in the appeals filed against them pending at the National Appellate Court (tax years 2003 to 2011) and at the Central Economic Administrative Court (tax years 2012-2015). Consequently, no provision has been recorded for this concept. It should also be noted that, in those cases where it has been considered appropriate, the mechanisms available to avoid international double taxation have been used. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the date of approval of these consolidated annual accounts, the Corporate Income Tax and other taxes audit for periods 2017 to 2019 are ongoing, and subsequent years up to and including 2022, are subject to review.</span></div><div><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The other entities have the corresponding years open for review, pursuant to their respective tax regulations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Because of the possible different interpretations which can be made of the tax regulations, the outcome of the tax audits of the rest of years subject to review might give rise to contingent tax liabilities which cannot be objectively quantified. However, the Group’s tax advisers consider that it is unlikely that such tax liabilities will materialize, and that in any event the tax charge arising therefrom would not materially affect the Group’s consolidated financial statements.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%"><br/>c) Reconciliation</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The reconciliation of the income tax expense calculated at the tax rate applicable in Spain (30%) to the income tax expense recognised and the detail of the effective tax rate are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:51.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.643%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Consolidated profit (loss) before tax:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From continuing operations</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,250</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,076)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From discontinued operations</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,250</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,076)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Income tax at tax rate applicable in Spain (30%)</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,575</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,364 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(623)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">By the effect of application of the various tax rates applicable in each country</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">210 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">362 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 29.34pt 0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Brazil</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">472</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">634 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">560 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">United Kingdom</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(161)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(158)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(43)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">United States</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(99)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(179)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Chile</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(30)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Poland</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(101)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of profit or loss of associates and joint ventures</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(210)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(130)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effect of reassessment of deferred taxes</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Permanent differences<br/>and other </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">441 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,364 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Current income tax</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,486</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,894</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,632</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Effective tax rate</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29.42%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33.64 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 29.34pt 0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Continuing operations</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,486</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,894 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,632 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Discontinued operations<br/>(note 37)</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Current taxes</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,272</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,799 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,214 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Deferred taxes</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">214</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,418 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Income tax (receipts)/payments</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,498</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,012 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,946 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Calculated by applying the difference between the tax rate applicable in Spain and the tax rate applicable in each jurisdiction to the profit or loss contributed to the Group by the entities which operate in each jurisdiction.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">In 2020 it includes mainly the impairment of goodwill.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Tax recognised in equity</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to the income tax recognised in the consolidated income statement, the Group recognised the following amounts in consolidated equity in 2022, 2021 and 2020:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:57.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.791%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other comprehensive income</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Items not reclassified to profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(510)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(82)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains or (-) losses on defined benefit pension plans</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(530)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(165)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of equity instruments measured at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities at fair value with changes in results attributable to changes in credit risk</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other recognised income and expense of investments in subsidiaries, joint ventures and associates</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Items that may be reclassified to profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,522</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,136</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">208</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">912 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">278 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of debt instruments through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">661 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">857 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">195 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other recognised income and expense of investments in subsidiaries, joint ventures and associates</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,571</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">126</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">e) Deferred taxes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Tax assets' in the consolidated balance sheets includes debit balances with the Public Treasury relating to deferred tax assets. 'Tax liabilities' includes the liability for the Group’s various deferred tax liabilities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the Basel III legal framework included in European law through Directive 2013/36 (CRD IV) and EU Regulation 575/2013 on prudential requirements for credit institutions and investment firms (CRR), and subsequently amended by EU Regulation 2019/876 of the European Parliament and of the Council, deferred tax assets which use does not rely on obtaining future profits (referred to hereinafter as 'monetizable tax assets') generated before 23 November 2016 are exempt from deduction from regulatory capital.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of deferred tax assets, by classification as monetizable or non-monetizable assets, and of deferred tax liabilities at 31 December 2022, 2021 and 2020 is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.468%"><tr><td style="width:1.0%"/><td style="width:27.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.783%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.176%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.783%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.176%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.783%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.180%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Monetizable</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Monetizable</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Monetizable</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tax assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,660</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,721</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,525</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,778 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,249 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,660 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,349 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,718 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,432 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Non-deductible provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,182 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,256 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of financial instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,535 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">600 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Loan losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,696 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,232 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,888 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">988 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,007 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,964 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">560 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,585 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">669 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,587 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">875 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of tangible and intangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,270 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,509 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,373 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tax liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,428</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,462</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,933</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,428 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,933 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of financial instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,792 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,791 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of tangible and intangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,169 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Investments in Group companies</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">359 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">337 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">440 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Banco Popular Español, S.A.U. considered that part of its monetizable assets were converted into credit against the Tax Administration in 2017 Income Tax return, as the circumstances which determined such conversion were met at the end of that year (EUR 995 million). The Spanish tax authorities have expressly confirmed the nature of these assets as monetizables, but they considered that conditions for conversion were not met at the end of 2017, without prejudice to the conversion in future years. The Tax Administration position is being discussed at the Courts. </span></div><div style="padding-left:11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">Besides, due to losses incurred in 2020, the Consolidated Tax Group in Spain converted EUR 642 million of monetizable tax assets into credit against the Tax Administration in its corporate income tax return.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander only recognises deferred tax assets for temporary differences or tax loss and tax credit carryforwards where it is considered probable that the consolidated entities that generated them will have sufficient future taxable profits against which they can be utilised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deferred tax assets and liabilities are reassessed at the reporting date in order to ascertain whether any adjustments need to be made on the basis of the findings of the analyses performed.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These analyses take into consideration all evidence, both positive and negative, of the recoverability of such deferred tax assets, among which we can find, (i) the results generated by the different entities in previous years, (ii) the projections of results of each entity or fiscal group, (iii) the estimation of the reversal of the different temporary differences according to their nature and (iv) the period and limits established under the applicable legislation of each country for the recovery of the different deferred tax assets, thus concluding on the ability of each entity or fiscal group to recover the deferred tax assets registered.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The projections of results used in this analysis are based on the financial budgets approved by both the local directions of the corresponding units and by the Group's directors. The Group's budget estimation process is common for all units. The Group's management prepares its financial budgets based on the following key assumptions: </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.98pt">Microeconomic variables of the entities that make up the fiscal group in each location: the existing balance structure, the mix of products offered and the commercial strategy at each moment defined by local directions are taken into account, based on the competition, regulatory and market environment.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.66pt">Macroeconomic variables: estimated growths are based on the evolution of the economic environment considering the expected evolution in the gross domestic product of each location, and the forecasts of interest rates, inflation and exchange rates fluctuations. These data is provided by the Group’s Studies Service, based on external sources of information. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, the Group performs retrospective contrasts (backtesting) on the variables projected in the past. The differential behaviour of these variables with respect to the real market data is considered in the projections estimated in each fiscal year. Thus, and in relation to Spain, the deviations identified by the Directors in recent past years are due to non-recurring events outside the operation of the business, such as the impacts due to the first application of new regulations, the costs assumed for the acceleration of the restructuring plans and the changing effect of the current macroeconomic environment. </span></div></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During 2020, taking into account the uncertainties about the economic impacts derived from the covid-19 health crisis, the Group reassessed the ability to generate future taxable income in relation to the recoverability of deferred tax assets recorded in the main Group companies. Management considered that the recovery period of these assets would not be affected and that it was not necessary to make adjustments to the deferred tax assets recognised in the Group on the basis of the results of the analyses performed, except in Spain, where the changes in the key assumptions on which the projected results of its tax group are based, arising from the impact of covid-19, resulted in the recognition of an impairment of EUR 2,500 million of deferred tax assets under 'Income Tax' in the income statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, and given the degree of uncertainty of these assumption on the referred variables, the Group conducts a sensitivity analysis of the most significant assumptions considered in the deferred tax assets’ recoverability analysis, considering any reasonable change in the key assumptions on which the projections of results of each entity or fiscal group and the estimation of the reversal of the different temporary differences are based.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to Spain, the sensitivity analysis has consisted of making reasonable changes to the key assumptions, mainly by adjusting 50 basis points for growth (gross domestic product) and adjusting 50 basis points for inflation. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Relevant information is set forth below for the main countries which have recognised deferred tax assets:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Spain</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deferred tax assets recognised at the Consolidated Tax Group total EUR 9,455 million, of which EUR 6,777 million were for monetizable temporary differences with the right to conversion into a credit against the Public Finance, EUR 1,847 million for other temporary differences and EUR 830 million for tax losses and credits.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Brazil</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deferred tax assets recognised in Brazil total EUR 6,461 million, of which EUR 3,759 million were for monetizable temporary differences, EUR 1,950 million for other temporary differences and EUR 752 million for tax losses and credits.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">United States</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The deferred tax assets recognised in the United States total EUR 1,578 million, of which EUR 1,398 million were for temporary differences and EUR 180 million for tax losses and credits. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group estimates that the recognised deferred tax assets for temporary differences, tax losses and credits in the different jurisdictions will be recovered in a maximum period of 15 years.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in Tax assets - Deferred and Tax liabilities - Deferred in the last three years were as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.607%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to income</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Foreign currency balance translation differences and other items</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to asset and liability valuation adjustments</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Acquisition for the year (net)</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,440</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">273</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">697</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,787</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,250 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">211 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">317 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,778 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">697 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,009 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which monetizable</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">507 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(320)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,660 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,462)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(487)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">684</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,428)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,462)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">684 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,428)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(214)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">227</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,381</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(13)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,359</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.607%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2020</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to income</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Foreign currency balance translation differences and other items</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to asset and liability valuation adjustments</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Acquisition for the year (net)</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,246</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(209)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">209</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,440</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">129 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,250 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(338)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">165 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which monetizable</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(273)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(886)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(170)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,462)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,933)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(886)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(170)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">528 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,462)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,313</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,095)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">737</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.607%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2019</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to income</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Foreign currency balance translation differences and other items</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to asset and liability valuation adjustments</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Acquisition for the year (net)</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,758</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,016)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,465)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(69)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,246</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,427 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,065)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(266)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,331 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,049 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,199)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(66)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which monetizable</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,233 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">613 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,125)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,522)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(402)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">851</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,522)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(402)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">851 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,933)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,236</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,418)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,614)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">194</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(85)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,313</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, the Group did not recognise deferred tax assets relating to tax losses and deductions and other incentives amounting to approximately EUR 10,800 million the use of which EUR 490 million is subject, among other requirements, to time limits.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:3pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">f) Tax reforms </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following significant tax reforms were approved in 2022 and previous years:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In Spain, in 2020 the General State Budget Law for 2021 established, among other tax measures, the non deductibility in Corporation Tax of management fees on participations whose dividends or capital gains are exempt, determining the amount of these expenses as a 5% of the dividends or capital gains. Likewise in 2021 the General State Budget Law for 2022 was approved. This law establishes a minimum effective tax rate of 15% (18% for financial entities) on Corporation Tax base. In addition, during 2022, Law 38/2022 established a new temporary levy on credit institutions and financial credit institutions for fiscal years 2023 and 2024. The levy will be calculated as 4.8% of net interest and fees earned in the business carried out in Spain in the precedent year and the payment obligation will arise on the first day of each period. Additionally, this law also established a 50% limitation on the integration of negative individual taxable bases into the consolidated tax group’s tax base. This limitation is expected to be in force only in 2023, with a 10 year deadline for the reversal of this positive adjustment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the United Kingdom, the Budget Act for 2021 increased the main Corporation Tax rate from 19% to 25% with effect from 1 April 2023. In addition, and also with effect from 1 April 2023, the Bank Surcharge tax rate was reduced from 8% to 3%, so the corporate tax rate for banks is set at 28%. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In Brazil, Provisional Measure 1.115/2022 and the subsequent Law 14,446, established a temporary increase from 31 August 2022 to 31 December 2022 in the rate of contribution on net income (CSLL) of banks from 20% to 21% and for other financial institutions, from 15% to 16% . This increase lifted the aggregate tax rate -sum of CSLL and the corporate income tax (IRPJ)- for banks to 46% (25% for income tax and 21% for CSLL), and 41% for other financial institutions. In addition, Law 14,467/2022, with effect from 2025, amends the rules on the tax deductibility of credit provisions in financial institutions, bringing those rules closer to the accounting recognition criterion. In the tax on financial operations (IOF) as of 1 January 2021, the rate of 0,38% on credit operations was reinstated (0% for part of 2020), and for settled transactions from 20 September to 31 December 2021, a temporary increase in the IOF rates applicable for credit transactions was approved (annual rate 1.5% to 2.04% for legal persons and 3% to 4.08% for natural persons). In 2022 Decree 10.997/2022 has established the reduction to 0% of the IOF applicable to foreign financing and lending transactions, regardless of the term of the transaction, as from 21 March 2022, and a gradual reduction in the rates applicable to foreign exchange transactions until their reduction to 0% as from 2 January 2029.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"><br/>In Argentina, Law n.º 27630 (National Bulletin of 16 June 2021) amended, with retroactive effect to 1 January 2021, the rate applicable to the Corporate Income Tax, establishing a progressive rate scale which for Banco Santander Argentina S.A. represents an increase from 30% to 35%. In addition, the 7% withholding on dividend distribution is maintained (however, the distribution of pre-2018 reserves is not subject to withholding tax). In addition, during the first quarter of the year 2021, there was an increase in the tax on gross income to financial institutions in both, the City of Buenos Aires (from 7% to 8%) and the Province of Buenos Aires (from 7% to 9%) and also reducing certain exemptions. Finally, since 2019, different laws on the adjustment for tax inflation have been approved in order to partially defer the adjustment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the United States, during 2022, the Inflation Reduction Act (IRA) has been approved, which, among other measures, imposes a minimum taxation on the accounting performance of certain large companies, through the introduction of a new Alternative Minimum Tax (AMT) as of 2023, calculated by applying a rate of 15% on the profit determined on the basis of the adjusted financial statements. The amount to be paid is deductible in future years from the tax rate of ordinary corporation tax.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In Chile, Law n.º 21,210 on modernization of Chilean tax law was enacted in 2020. It includes several modifications to different tax laws in force in Chile. Among the aspects included, it is worth highlighting the substitute tax that on a temporary basis until 30 April 2022 allows taxing at 30% (instead of the generally applicable 35%) with a credit of the first category tax paid, the tax profits generated up to the 31 December 2016, reducing the fiscal cost of its distribution and other measures about asset depreciation and indirect taxes. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 22 December 2022, the European Commission approved Directive 2022/2523 ensuring a minimum effective tax rate for the global activities of large multinational groups. The Directive that follows closely the OECD Inclusive Framework on Base Erosion and Profit Shifting should be transposed by the Member States throughout 2023, entering into force on 1 January 2024. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">g) Other information </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In compliance with the disclosure requirement established in the listing rules instrument 2005 published by the UK Financial Conduct Authority, it is hereby stated that shareholders of the Bank resident in the United Kingdom will be entitled to a tax credit for taxes paid abroad in respect of withholdings that the Bank has to pay on the dividends to be paid to such shareholders if the total income of the dividend exceeds the amount of exempt dividends of GBP 2,000 for the year 2022/23. The shareholders of the Bank resident in the United Kingdom who hold their ownership interest in the Bank through Santander Nominee Service will be informed directly of the amount thus withheld and of any other data they may require to complete their tax returns in the United Kingdom. The other shareholders of the Bank resident in the United Kingdom should contact their bank or securities broker.</span></div>Banco Santander, S.A., is part of the Large Business Forum and has adhered since 2010 to the Code of Good Tax Practices in Spain. Also Santander UK is a member of the HMRC’s (His Majesty's Revenue and Customs) Code of Practice on Taxation in the United Kingdom, actively participating in both cases in the cooperative compliance programs being developed by these Tax Administrations.
CY2021	ifrs-full	Applicable Tax Rate ApplicableTaxRate	0.30
CY2020	ifrs-full	Applicable Tax Rate ApplicableTaxRate	0.30
CY2022	ifrs-full	Applicable Tax Rate ApplicableTaxRate	0.30
CY2022	san	Profit Loss Before Tax From Continuing Operations ProfitLossBeforeTaxFromContinuingOperations	15250000000	eur
CY2021	san	Profit Loss Before Tax From Continuing Operations ProfitLossBeforeTaxFromContinuingOperations	14547000000	eur
CY2020	san	Profit Loss Before Tax From Continuing Operations ProfitLossBeforeTaxFromContinuingOperations	-2076000000	eur
CY2022	san	Profit Loss Before Tax From Discontinued Operations ProfitLossBeforeTaxFromDiscontinuedOperations	0	eur
CY2021	san	Profit Loss Before Tax From Discontinued Operations ProfitLossBeforeTaxFromDiscontinuedOperations	0	eur
CY2020	san	Profit Loss Before Tax From Discontinued Operations ProfitLossBeforeTaxFromDiscontinuedOperations	0	eur
CY2022	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	15250000000	eur
CY2021	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	14547000000	eur
CY2020	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	-2076000000	eur
CY2022	ifrs-full	Tax Expense Income At Applicable Tax Rate TaxExpenseIncomeAtApplicableTaxRate	4575000000	eur
CY2021	ifrs-full	Tax Expense Income At Applicable Tax Rate TaxExpenseIncomeAtApplicableTaxRate	4364000000	eur
CY2020	ifrs-full	Tax Expense Income At Applicable Tax Rate TaxExpenseIncomeAtApplicableTaxRate	-623000000	eur
CY2022	ifrs-full	Tax Effect Of Foreign Tax Rates TaxEffectOfForeignTaxRates	61000000	eur
CY2021	ifrs-full	Tax Effect Of Foreign Tax Rates TaxEffectOfForeignTaxRates	210000000	eur
CY2020	ifrs-full	Tax Effect Of Foreign Tax Rates TaxEffectOfForeignTaxRates	362000000	eur
CY2022	san	Tax Effect Of Profit Loss Of Associates And Joint Ventures TaxEffectOfProfitLossOfAssociatesAndJointVentures	-210000000	eur
CY2021	san	Tax Effect Of Profit Loss Of Associates And Joint Ventures TaxEffectOfProfitLossOfAssociatesAndJointVentures	-130000000	eur
CY2020	san	Tax Effect Of Profit Loss Of Associates And Joint Ventures TaxEffectOfProfitLossOfAssociatesAndJointVentures	29000000	eur
CY2022	san	Tax Effect Of Remeasurement Of Deferred Tax TaxEffectOfRemeasurementOfDeferredTax	0	eur
CY2021	san	Tax Effect Of Remeasurement Of Deferred Tax TaxEffectOfRemeasurementOfDeferredTax	9000000	eur
CY2020	san	Tax Effect Of Remeasurement Of Deferred Tax TaxEffectOfRemeasurementOfDeferredTax	2500000000	eur
CY2022	ifrs-full	Tax Effect Of Expense Not Deductible In Determining Taxable Profit Tax Loss TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss	60000000	eur
CY2021	ifrs-full	Tax Effect Of Expense Not Deductible In Determining Taxable Profit Tax Loss TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss	441000000	eur
CY2020	ifrs-full	Tax Effect Of Expense Not Deductible In Determining Taxable Profit Tax Loss TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss	3364000000	eur
CY2022	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	4486000000	eur
CY2021	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	4894000000	eur
CY2020	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	5632000000	eur
CY2022	ifrs-full	Average Effective Tax Rate AverageEffectiveTaxRate	0.2942
CY2021	ifrs-full	Average Effective Tax Rate AverageEffectiveTaxRate	0.3364
CY2020	ifrs-full	Average Effective Tax Rate AverageEffectiveTaxRate	0
CY2022	san	Tax Expense Income Relating To Profit Loss From Ordinary Activities Of Continuing Operations TaxExpenseIncomeRelatingToProfitLossFromOrdinaryActivitiesOfContinuingOperations	4486000000	eur
CY2021	san	Tax Expense Income Relating To Profit Loss From Ordinary Activities Of Continuing Operations TaxExpenseIncomeRelatingToProfitLossFromOrdinaryActivitiesOfContinuingOperations	4894000000	eur
CY2020	san	Tax Expense Income Relating To Profit Loss From Ordinary Activities Of Continuing Operations TaxExpenseIncomeRelatingToProfitLossFromOrdinaryActivitiesOfContinuingOperations	5632000000	eur
CY2022	ifrs-full	Tax Expense Relating To Profit Loss From Ordinary Activities Of Discontinued Operations TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations	0	eur
CY2021	ifrs-full	Tax Expense Relating To Profit Loss From Ordinary Activities Of Discontinued Operations TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations	0	eur
CY2020	ifrs-full	Tax Expense Relating To Profit Loss From Ordinary Activities Of Discontinued Operations TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations	0	eur
CY2022	ifrs-full	Current Tax Expense Income And Adjustments For Current Tax Of Prior Periods CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods	4272000000	eur
CY2021	ifrs-full	Current Tax Expense Income And Adjustments For Current Tax Of Prior Periods CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods	3799000000	eur
CY2020	ifrs-full	Current Tax Expense Income And Adjustments For Current Tax Of Prior Periods CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods	4214000000	eur
CY2022	ifrs-full	Deferred Tax Expense Income Recognised In Profit Or Loss DeferredTaxExpenseIncomeRecognisedInProfitOrLoss	-214000000	eur
CY2021	ifrs-full	Deferred Tax Expense Income Recognised In Profit Or Loss DeferredTaxExpenseIncomeRecognisedInProfitOrLoss	-1095000000	eur
CY2020	ifrs-full	Deferred Tax Expense Income Recognised In Profit Or Loss DeferredTaxExpenseIncomeRecognisedInProfitOrLoss	-1418000000	eur
CY2022	ifrs-full	Income Taxes Paid Refund Classified As Operating Activities IncomeTaxesPaidRefundClassifiedAsOperatingActivities	5498000000	eur
CY2021	ifrs-full	Income Taxes Paid Refund Classified As Operating Activities IncomeTaxesPaidRefundClassifiedAsOperatingActivities	4012000000	eur
CY2020	ifrs-full	Income Taxes Paid Refund Classified As Operating Activities IncomeTaxesPaidRefundClassifiedAsOperatingActivities	2946000000	eur
CY2022	san	Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Including Share Of Oci Of Associates And Joint Ventures IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossIncludingShareOfOciOfAssociatesAndJointVentures	49000000	eur
CY2021	san	Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Including Share Of Oci Of Associates And Joint Ventures IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossIncludingShareOfOciOfAssociatesAndJointVentures	-510000000	eur
CY2020	san	Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Including Share Of Oci Of Associates And Joint Ventures IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossIncludingShareOfOciOfAssociatesAndJointVentures	-82000000	eur
CY2022	ifrs-full	Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome	96000000	eur
CY2021	ifrs-full	Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome	-530000000	eur
CY2020	ifrs-full	Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome	-165000000	eur
CY2022	ifrs-full	Income Tax Relating To Hedges Of Investments In Equity Instruments Of Other Comprehensive Income IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome	-19000000	eur
CY2021	ifrs-full	Income Tax Relating To Hedges Of Investments In Equity Instruments Of Other Comprehensive Income IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome	-13000000	eur
CY2020	ifrs-full	Income Tax Relating To Hedges Of Investments In Equity Instruments Of Other Comprehensive Income IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome	92000000	eur
CY2022	ifrs-full	Income Tax Relating To Changes In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability Of Other Comprehensive Income IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome	-26000000	eur
CY2021	ifrs-full	Income Tax Relating To Changes In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability Of Other Comprehensive Income IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome	33000000	eur
CY2020	ifrs-full	Income Tax Relating To Changes In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability Of Other Comprehensive Income IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome	-9000000	eur
CY2022	ifrs-full	Income Tax Relating To Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLoss	-2000000	eur
CY2021	ifrs-full	Income Tax Relating To Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLoss	0	eur
CY2020	ifrs-full	Income Tax Relating To Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLoss	0	eur
CY2022	san	Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Including Share Of Oci Of Associates And Joint Ventures IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossIncludingShareOfOciOfAssociatesAndJointVentures	1522000000	eur
CY2021	san	Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Including Share Of Oci Of Associates And Joint Ventures IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossIncludingShareOfOciOfAssociatesAndJointVentures	1136000000	eur
CY2020	san	Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Including Share Of Oci Of Associates And Joint Ventures IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossIncludingShareOfOciOfAssociatesAndJointVentures	208000000	eur
CY2022	ifrs-full	Income Tax Relating To Cash Flow Hedges Of Other Comprehensive Income IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome	912000000	eur
CY2021	ifrs-full	Income Tax Relating To Cash Flow Hedges Of Other Comprehensive Income IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome	278000000	eur
CY2022	san	Deferred Tax Relating To Items Charged Or Credited Directly To Asset And Liability Valuation Adjustments DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToAssetAndLiabilityValuationAdjustments	1381000000	eur
CY2022	ifrs-full	Increase Decrease Through Business Combinations Deferred Tax Liability Asset IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset	13000000	eur
CY2020	ifrs-full	Income Tax Relating To Cash Flow Hedges Of Other Comprehensive Income IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome	5000000	eur
CY2022	ifrs-full	Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	661000000	eur
CY2021	ifrs-full	Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	857000000	eur
CY2020	ifrs-full	Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	195000000	eur
CY2022	ifrs-full	Income Tax Relating To Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss	-51000000	eur
CY2021	ifrs-full	Income Tax Relating To Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss	1000000	eur
CY2020	ifrs-full	Income Tax Relating To Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss	8000000	eur
CY2022	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome	1571000000	eur
CY2021	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome	626000000	eur
CY2020	ifrs-full	Income Tax Relating To Components Of Other Comprehensive Income IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome	126000000	eur
CY2018	ifrs-full	Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits Explanatory DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of deferred tax assets, by classification as monetizable or non-monetizable assets, and of deferred tax liabilities at 31 December 2022, 2021 and 2020 is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.468%"><tr><td style="width:1.0%"/><td style="width:27.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.783%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.176%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.783%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.176%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.783%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.180%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Monetizable</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Monetizable</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Monetizable</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tax assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,660</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,721</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,525</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,778 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,249 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,660 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,349 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,718 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,432 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Non-deductible provisions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,182 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,256 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of financial instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,535 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">600 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Loan losses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,696 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,232 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,888 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">988 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,007 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Pensions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,964 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">560 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,585 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">669 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,587 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">875 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of tangible and intangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,270 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,509 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,373 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tax liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,428</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,462</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,933</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,428 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,462 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,933 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of financial instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,792 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,791 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Valuation of tangible and intangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,169 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,081 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Investments in Group companies</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">359 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">337 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">440 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Banco Popular Español, S.A.U. considered that part of its monetizable assets were converted into credit against the Tax Administration in 2017 Income Tax return, as the circumstances which determined such conversion were met at the end of that year (EUR 995 million). The Spanish tax authorities have expressly confirmed the nature of these assets as monetizables, but they considered that conditions for conversion were not met at the end of 2017, without prejudice to the conversion in future years. The Tax Administration position is being discussed at the Courts. </span></div><div style="padding-left:11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">Besides, due to losses incurred in 2020, the Consolidated Tax Group in Spain converted EUR 642 million of monetizable tax assets into credit against the Tax Administration in its corporate income tax return.</span></div>
CY2022Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	6428000000	eur
CY2021Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	6462000000	eur
CY2020Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	5933000000	eur
CY2020	san	Deferred Tax Assets Portion Converted Into Credit DeferredTaxAssetsPortionConvertedIntoCredit	642000000	eur
CY2020	ifrs-full	Deferred Tax Expense Arising From Writedown Or Reversal Of Writedown Of Deferred Tax Asset DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset	2500000000	eur
CY2022	ifrs-full	Disclosure Of Deferred Taxes Explanatory DisclosureOfDeferredTaxesExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in Tax assets - Deferred and Tax liabilities - Deferred in the last three years were as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.607%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to income</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Foreign currency balance translation differences and other items</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to asset and liability valuation adjustments</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Acquisition for the year (net)</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,440</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">273</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">376</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">697</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,787</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,250 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">211 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">317 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,778 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">697 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,009 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which monetizable</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">507 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(320)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,660 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,462)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(487)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">684</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,428)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,462)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">684 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,428)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(214)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">227</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,381</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(13)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,359</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.607%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2020</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to income</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Foreign currency balance translation differences and other items</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to asset and liability valuation adjustments</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Acquisition for the year (net)</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,246</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(209)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">193</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">209</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,440</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">129 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,250 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(338)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">165 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which monetizable</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(273)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(886)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(170)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,462)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,933)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(886)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(170)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">528 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,462)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,313</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,095)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">737</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:30.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.607%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balances at 31 December 2019</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to income</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Foreign currency balance translation differences and other items</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(Charge)/Credit to asset and liability valuation adjustments</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Acquisition for the year (net)</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at 31 December 2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,758</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,016)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,465)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(69)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,246</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax losses and tax credits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,427 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,065)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(266)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,331 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,049 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,199)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(66)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which monetizable</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,233 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">613 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,125)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,721 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deferred tax liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(6,522)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(402)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">851</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Temporary differences</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,522)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(402)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">851 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,933)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,236</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,418)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,614)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">194</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(85)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,313</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2021Q4	ifrs-full	Deferred Tax Assets DeferredTaxAssets	19440000000	eur
CY2022	san	Deferred Tax Income Recognised In Profit Or Loss DeferredTaxIncomeRecognisedInProfitOrLoss	273000000	eur
CY2022	san	Deferred Tax Expense Tax Asset Income Tax Relating To Components Of Foreign Currency Balance Translation Differences And Other Items DeferredTaxExpenseTaxAssetIncomeTaxRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	376000000	eur
CY2022	san	Deferred Tax Relating To Items Credited Directly To Asset Valuation Adjustments DeferredTaxRelatingToItemsCreditedDirectlyToAssetValuationAdjustments	697000000	eur
CY2022	san	Increase Decrease Through Business Combinations Deferred Tax Asset IncreaseDecreaseThroughBusinessCombinationsDeferredTaxAsset	1000000	eur
CY2022Q4	ifrs-full	Deferred Tax Assets DeferredTaxAssets	20787000000	eur
CY2021Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	6462000000	eur
CY2022	san	Deferred Tax Expense Recognised In Profit Or Loss DeferredTaxExpenseRecognisedInProfitOrLoss	487000000	eur
CY2022	san	Deferred Tax Expense Tax Liability Income Tax Expense Relating To Components Of Foreign Currency Balance Translation Differences And Other Items DeferredTaxExpenseTaxLiabilityIncomeTaxExpenseRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	149000000	eur
CY2022	san	Deferred Tax Relating To Items Charged Directly To Liability Valuation Adjustments DeferredTaxRelatingToItemsChargedDirectlyToLiabilityValuationAdjustments	-684000000	eur
CY2022	san	Increase Decrease Through Business Combinations Deferred Tax Liability IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiability	14000000	eur
CY2022Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	6428000000	eur
CY2021Q4	ifrs-full	Deferred Tax Liability Asset DeferredTaxLiabilityAsset	-12978000000	eur
CY2022	ifrs-full	Deferred Tax Expense Income Recognised In Profit Or Loss DeferredTaxExpenseIncomeRecognisedInProfitOrLoss	-214000000	eur
CY2022	san	Income Tax Relating To Components Of Foreign Currency Balance Translation Differences And Other Items IncomeTaxRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	227000000	eur
CY2022Q4	ifrs-full	Deferred Tax Liability Asset DeferredTaxLiabilityAsset	-14359000000	eur
CY2020Q4	ifrs-full	Deferred Tax Assets DeferredTaxAssets	19246000000	eur
CY2021	san	Deferred Tax Income Recognised In Profit Or Loss DeferredTaxIncomeRecognisedInProfitOrLoss	-209000000	eur
CY2021	san	Deferred Tax Expense Tax Asset Income Tax Relating To Components Of Foreign Currency Balance Translation Differences And Other Items DeferredTaxExpenseTaxAssetIncomeTaxRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	193000000	eur
CY2021	san	Deferred Tax Relating To Items Credited Directly To Asset Valuation Adjustments DeferredTaxRelatingToItemsCreditedDirectlyToAssetValuationAdjustments	209000000	eur
CY2021	san	Increase Decrease Through Business Combinations Deferred Tax Asset IncreaseDecreaseThroughBusinessCombinationsDeferredTaxAsset	1000000	eur
CY2021Q4	ifrs-full	Deferred Tax Assets DeferredTaxAssets	19440000000	eur
CY2020Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	5933000000	eur
CY2021	san	Deferred Tax Expense Recognised In Profit Or Loss DeferredTaxExpenseRecognisedInProfitOrLoss	886000000	eur
CY2021	san	Deferred Tax Expense Tax Liability Income Tax Expense Relating To Components Of Foreign Currency Balance Translation Differences And Other Items DeferredTaxExpenseTaxLiabilityIncomeTaxExpenseRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	170000000	eur
CY2021	san	Deferred Tax Relating To Items Charged Directly To Liability Valuation Adjustments DeferredTaxRelatingToItemsChargedDirectlyToLiabilityValuationAdjustments	-528000000	eur
CY2021	san	Increase Decrease Through Business Combinations Deferred Tax Liability IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiability	1000000	eur
CY2021Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	6462000000	eur
CY2020Q4	ifrs-full	Deferred Tax Liability Asset DeferredTaxLiabilityAsset	-13313000000	eur
CY2021	ifrs-full	Deferred Tax Expense Income Recognised In Profit Or Loss DeferredTaxExpenseIncomeRecognisedInProfitOrLoss	-1095000000	eur
CY2021	san	Income Tax Relating To Components Of Foreign Currency Balance Translation Differences And Other Items IncomeTaxRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	23000000	eur
CY2021	san	Deferred Tax Relating To Items Charged Or Credited Directly To Asset And Liability Valuation Adjustments DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToAssetAndLiabilityValuationAdjustments	737000000	eur
CY2021	ifrs-full	Increase Decrease Through Business Combinations Deferred Tax Liability Asset IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset	0	eur
CY2021Q4	ifrs-full	Deferred Tax Liability Asset DeferredTaxLiabilityAsset	-12978000000	eur
CY2019Q4	ifrs-full	Deferred Tax Assets DeferredTaxAssets	22758000000	eur
CY2020	san	Deferred Tax Income Recognised In Profit Or Loss DeferredTaxIncomeRecognisedInProfitOrLoss	-1016000000	eur
CY2020	san	Deferred Tax Expense Tax Asset Income Tax Relating To Components Of Foreign Currency Balance Translation Differences And Other Items DeferredTaxExpenseTaxAssetIncomeTaxRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	-2465000000	eur
CY2020	san	Deferred Tax Relating To Items Credited Directly To Asset Valuation Adjustments DeferredTaxRelatingToItemsCreditedDirectlyToAssetValuationAdjustments	38000000	eur
CY2020	san	Increase Decrease Through Business Combinations Deferred Tax Asset IncreaseDecreaseThroughBusinessCombinationsDeferredTaxAsset	-69000000	eur
CY2020Q4	ifrs-full	Deferred Tax Assets DeferredTaxAssets	19246000000	eur
CY2019Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	6522000000	eur
CY2020	san	Deferred Tax Expense Recognised In Profit Or Loss DeferredTaxExpenseRecognisedInProfitOrLoss	402000000	eur
CY2020	san	Deferred Tax Expense Tax Liability Income Tax Expense Relating To Components Of Foreign Currency Balance Translation Differences And Other Items DeferredTaxExpenseTaxLiabilityIncomeTaxExpenseRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	-851000000	eur
CY2020	san	Deferred Tax Relating To Items Charged Directly To Liability Valuation Adjustments DeferredTaxRelatingToItemsChargedDirectlyToLiabilityValuationAdjustments	-156000000	eur
CY2020	san	Increase Decrease Through Business Combinations Deferred Tax Liability IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiability	16000000	eur
CY2020Q4	ifrs-full	Deferred Tax Liabilities DeferredTaxLiabilities	5933000000	eur
CY2019Q4	ifrs-full	Deferred Tax Liability Asset DeferredTaxLiabilityAsset	-16236000000	eur
CY2020	ifrs-full	Deferred Tax Expense Income Recognised In Profit Or Loss DeferredTaxExpenseIncomeRecognisedInProfitOrLoss	-1418000000	eur
CY2020	san	Income Tax Relating To Components Of Foreign Currency Balance Translation Differences And Other Items IncomeTaxRelatingToComponentsOfForeignCurrencyBalanceTranslationDifferencesAndOtherItems	-1614000000	eur
CY2020	san	Deferred Tax Relating To Items Charged Or Credited Directly To Asset And Liability Valuation Adjustments DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToAssetAndLiabilityValuationAdjustments	194000000	eur
CY2020	ifrs-full	Increase Decrease Through Business Combinations Deferred Tax Liability Asset IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset	85000000	eur
CY2020Q4	ifrs-full	Deferred Tax Liability Asset DeferredTaxLiabilityAsset	-13313000000	eur
CY2022Q4	san	Deferred Tax Assets Not Recognized DeferredTaxAssetsNotRecognized	10800000000	eur
CY2022	san	Income Tax Expense Deductions Not Recognized IncomeTaxExpenseDeductionsNotRecognized	490000000	eur
CY2022	ifrs-full	Disclosure Of Noncontrolling Interests Explanatory DisclosureOfNoncontrollingInterestsExplanatory	Non-controlling interestsNon-controlling interests include the net amount of the equity of subsidiaries attributable to equity instruments that do not belong, directly or indirectly, to the Bank, including the portion attributed to them of profit for the year.<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by Group company, of 'Equity - Non-controlling interests' is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#990000;font-family:'Santander Headline',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> </span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,603 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,559 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,676 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Grupo PSA</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,728 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,543 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,622 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer USA Holdings Inc.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,255 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">986 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander - Chile</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,317 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,042 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,218 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander (Brasil) S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,210 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,023 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,014 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander México, S.A. Institución de Banca Múltiple, Grupo Financiero Santander México</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">251 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">461 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,213 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,970 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,322</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,783</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Profit/(Loss) for the year attributable to non-controlling interests</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,159 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Consumer USA Holdings Inc.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">494 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Grupo PSA</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">323 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">255 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander - Chile</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">280 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">292 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">198 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander (Brasil) S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">259 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">233 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Santander Bank Polska S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">196 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Banco Santander México, S.A. Institución de Banca Múltiple, Grupo Financiero Santander México</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">62 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other companies</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">59 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,481</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,123</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,846</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Includes perpetual Santander UK plc equity instruments convertible at the option of Santander UK plc into preferred shares of Santander UK plc. During 2022, three issues were redeemed early for a nominal amount of GBP 1,700 million (EUR 1,977 million) of which the Group had repurchased GBP 1,050 million (EUR 1,221 million). At year-end, the outstanding balance on these equity instruments amounted to GBP 500 million (EUR 564 million) (EUR 1,363 million and EUR 1,275 million in 2021 and 2020, respectively).</span></div><div style="margin-bottom:3pt;margin-top:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Changes</span></div><div style="margin-bottom:2pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in Non-controlling interests are summarised as follows:</span></div><div style="margin-bottom:2pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:57.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.791%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at the end of the previous year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,123 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,846 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,588 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,123 </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,846 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,588 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">248 </span></td><td style="background-color:#edf5f8;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(304)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(818)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,890)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">581 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Profit attributable to non-controlling interests</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,159 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Modification of participation rates</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,811)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(390)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(632)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Change of perimeter</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">31 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(54)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Dividends paid to minority shareholders</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(500)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(648)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(465)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Changes in capital and other concepts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(769)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,481</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,123</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,846</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Include the effects of the purchase of shares of Santander Holdings USA, Inc. on Santander Consumer USA Holdings Inc. that occurred in 2022 and of the public offer for the acquisition of shares of Banco Santander México, SA, Institución de Multiple Banking, Grupo Financiero Santander México that occurred in 2021 (see note 3.b).</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes the effect of the amortization of AT1 UK by EUR 756 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The foregoing changes are shown in the consolidated statement of changes in total equity.</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Other information</span></div><div style="margin-bottom:12pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The financial information on the subsidiaries with significant non-controlling interests at 31 December 2022 is summarised below:</span></div><div style="margin-bottom:3pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:19.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.050%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:4.87pt;font-weight:400;line-height:105%;position:relative;top:-2.62pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 8.09pt 0 1pt;text-indent:-7.09pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Bank Polska S.A.</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Banco Santander (Brasil) S.A.</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Banco Santander - Chile</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Grupo Financiero Santander México, S.A.B. de C.V.</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Consumer USA</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,665 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">184,165 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78,425 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92,636 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,681 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,506 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168,627 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72,845 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84,416 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,159</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,538</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,580</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,220</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,551</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,474 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,910 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,449 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,623 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,300 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total profit</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">542</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">956</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,407</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%;padding-left:5.13pt">Information prepared in accordance with the segment reporting criteria described in note 51 and, therefore, it may not coincide with the information published separately by each entity.</span></div>
CY2022Q4	san	Non Controlling Interests Excluding Profit Loss Attributable To Non Controlling Interests NonControllingInterestsExcludingProfitLossAttributableToNonControllingInterests	7322000000	eur
CY2021Q4	san	Non Controlling Interests Excluding Profit Loss Attributable To Non Controlling Interests NonControllingInterestsExcludingProfitLossAttributableToNonControllingInterests	8594000000	eur
CY2020Q4	san	Non Controlling Interests Excluding Profit Loss Attributable To Non Controlling Interests NonControllingInterestsExcludingProfitLossAttributableToNonControllingInterests	8783000000	eur
CY2022	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1159000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1529000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1063000000	eur
CY2022Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	8481000000	eur
CY2021Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	10123000000	eur
CY2020Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	9846000000	eur
CY2022	ifrs-full	Disclosure Of Analysis Of Other Comprehensive Income By Item Explanatory DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory	Other comprehensive income<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balances of 'Other comprehensive income' include the amounts, net of the related tax effect, of the adjustments to assets and liabilities recognised in equity through the consolidated statement of recognised income and expense. The amounts arising from subsidiaries are presented, on a line by line basis, in the appropriate items according to their nature.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Respect to items that may be reclassified to profit or loss, the consolidated statement of recognised income and expense includes changes in other comprehensive income as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Revaluation gains (losses): includes the amount of the income, net of the expenses incurred in the year, recognised directly in equity. The amounts recognised in equity in the year remain under this item, even if in the same year they are transferred to the income statement or to the initial carrying amount of the assets or liabilities or are reclassified to another line item.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amounts transferred to income statement: includes the amount of the revaluation gains and losses previously recognised in equity, even in the same year, which are recognised in the income statement.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Amounts transferred to initial carrying amount of hedged items: includes the amount of the revaluation gains and losses previously recognised in equity, even in the same year, which are recognised in the initial carrying amount of assets or liabilities as a result of cash flow hedges.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Other reclassifications: includes the amount of the transfers made in the year between the various valuation adjustment items.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown of Other comprehensive income - Items that will not be reclassified in results and Items that can be classified in results</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;margin-top:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.504%"><tr><td style="width:1.0%"/><td style="width:69.916%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.611%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.459%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.614%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="2" style="border-top:0.6pt solid #ec0000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.6pt solid #ec0000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.6pt solid #ec0000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.6pt solid #ec0000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.6pt solid #ec0000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.6pt solid #ec0000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other comprehensive income</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(35,628)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(32,719)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(33,144)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Items that will not be reclassified to profit or loss</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(4,635)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(4,241)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,328)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Actuarial gains and losses on defined benefit pension plans</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,945)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,986)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,002)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-current assets held for sale</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Share in other income and expenses recognised in investments, joint ventures and associates</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other valuation adjustments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of equity instruments measured at fair value with changes in other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(672)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(157)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(308)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inefficiency of fair value hedges of equity instruments measured at fair value with changes in other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of equity instruments measured at fair value with changes in other comprehensive income (hedged item)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">293 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">275 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">159 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of equity instruments measured at fair value with changes in other comprehensive income (hedging instrument)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(293)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(275)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(159)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of financial liabilities measured at fair value through profit or loss attributable to changes in credit risk</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(90)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Items that may be reclassified to profit or loss</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(30,993)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(28,478)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(27,816)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedges of net investments in foreign operations (Effective portion)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,750)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,283)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,420)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,887)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26,911)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives. Cash flow hedges (Effective portion)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,437)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(276)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of debt instruments measured at fair value with changes in other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,002)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">436 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging instruments (items not designated)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-current assets classified as held for sale</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Share in other income and expenses recognised in investments, joint ventures and associates</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(384)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(468)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(487)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Other comprehensive income- Items not reclassified to profit or loss – Actuarial gains or (-) losses on defined benefit pension plans </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">'Other comprehensive income —Items not reclassified to profit or loss— Actuarial gains or (-) losses on defined benefit pension plans' include the actuarial gains and losses and the return on plan assets, less the administrative expenses and taxes inherent to the plan, and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Its variation (increase of EUR 56 million in the year) is shown in the consolidated statement of recognised income.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The endowment against equity in 2022 amounts to EUR 242 million - see note 25.b -, with the following breakdown:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Reduction of EUR 295 million in the accumulates actuarial losses relating to the Group´s entities in Spain, mainly due to the evolution experienced by the discount rate -increase from 0.90% to 3.80%.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Reduction of EUR 171 million in the accumulates actuarial losses relating to the Group's entities in Germany, mainly due to the evolution experienced by the discount rate -increase from 1.45% to 4.21%.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Reduction of EUR 113 million in the accumulates actuarial losses relating to the Group's entities in Portugal, mainly due to the evolution experienced by the discount rate -increase from 1.10% to 3.70%.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Increase of EUR 857 million in the cumulative actuarial losses relating to the Group´s businesses in the UK, mainly due to the evolution of the asset portfolio and inflation in the short term. These actuarial losses have been partially offset in the obligations due to the evolution of the discount rate– increase from 1.90% to 4.88%- and inflation in the long term -reduction from 3.37% to 3.11%.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Reduction of EUR 39 million in accumulated actuarial losses corresponding to the Group’s business in Brazil, mainly due to the increase in the discount rate -increase from 8.39% to 9.44% in the main pension benefits and 8.44% to 9.46% in the main medical benefit.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Increase of EUR 3 million in the accumulated actuarial losses corresponding to the Group's businesses in other geographical areas.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The other modification in accumulated actuarial profit or losses is a reduction of EUR 186 million as a result of the evolution of exchange rates and other movements.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span><br/></span></div></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Other comprehensive income - Items that will not be reclassified in results - Changes in the fair value of equity instruments measured at fair value with changes in other comprehensive income</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Since the entry into force of IFRS 9, no impairment analysis is performed of equity instruments recognised under 'Other comprehensive income'. IFRS 9 eliminates the need to carry out the impairment estimate on this class of equity instruments and the reclassification to profit and loss on the disposal of these assets, being recognised at fair value with changes in equity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following is a breakdown of the composition of the balance as of 31 December 2022, 2021 and 2020 under 'Other comprehensive income - Items that will not be reclassified to profit or loss - Changes in the fair value of equity instruments measured at fair value with changes in other global result' depending on the geographical origin of the issuer:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:14.17pt;text-indent:-7.09pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.427%"><tr><td style="width:1.0%"/><td style="width:29.257%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.313%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Capital gains by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Capital losses by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net gains/losses by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair Value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Domestic</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(926)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(896)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">International</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(60)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">United States</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(59)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">185 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt 0 7.75pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">373</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,045)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(672)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,941</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Publicly listed</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">246 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(113)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">133 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,200 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Non publicly listed</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">127 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(932)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(805)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">741 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.427%"><tr><td style="width:1.0%"/><td style="width:29.257%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.313%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Capital gains by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Capital losses by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net gains/losses by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair Value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Domestic</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(663)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(638)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">759 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">International</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">United States</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">491 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,493 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">573</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(730)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(157)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,453</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Publicly listed</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,521 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Non publicly listed</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">73 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(686)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(613)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">932 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.427%"><tr><td style="width:1.0%"/><td style="width:29.257%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.313%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Capital gains by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Capital losses by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net gains/losses by valuation</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair Value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Domestic</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(849)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(821)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,032 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">International</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(76)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">United States</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">525 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">521 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt 0 7.75pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">625</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(933)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(308)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,783</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Publicly listed</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">525 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">494 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,424 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Non publicly listed</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">100 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(902)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(802)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1359 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Other comprehensive income - Items that may be reclassified to profit or loss - Hedge of net investments in foreign operations (effective portion) and exchange differences</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The change in 2022 reflects the positive effect of the appreciation of the Brazilian real, the US dollar and the Mexican peso and the negative effect of the depreciation of the pound sterling whereas the change in 2021 reflected the positive effect of the generalized appreciation of the main currencies, especially the Brazilian real, the pound sterling, the US dollar and the Mexican peso. The change in 2020 reflected the negative effect of the generalized depreciation of the main currencies, especially the Brazilian real, the pound sterling and the US dollar. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Of the change in the balance in these years, a profit of EUR 496 million, a profit of EUR 167 million and a loss of EUR 2,104 million in 2022, 2021 and 2020, respectively relate to the measurement of goodwill.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by country is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:42.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.729%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27,170)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28,170)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30,035)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(16,735)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17,440)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17,417)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4,219)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3,415)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4,205)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3,010)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3,088)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3,091)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,755)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,109)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,288)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,081)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,039)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,776)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,384 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,536 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">387 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Polish zloty</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(999)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(809)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(788)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(755)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(806)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(857)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The breakdown of translation differences by currency is as follows</span><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:121%">:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:18.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.532%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which:</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the beginning of the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the end of the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Movement</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From goodwill</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From results</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From net assets</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15,913)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14,199)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,714 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">376 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(98)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,436 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,504)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,446)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(942)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(51)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(67)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(824)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,012)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,132)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">880 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,109)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,754)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">355 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">355 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,852)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,605)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">247 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,775 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,062 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,209 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish zloty</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(678)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(776)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(98)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(77)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(594)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(570)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Group</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(23,887)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(20,420)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,467</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">496</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(173)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,144</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Profit and loss items are translated into euros at the average exchange rate for the year as described in note 2 a) ii.</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:18.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.532%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which:</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the beginning of the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the end of the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Movement</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From goodwill</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From results</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From net assets</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,032)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15,913)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">119 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,602)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,504)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,098 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,019 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,393)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,012)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">326 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,287)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,109)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,450)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,852)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(402)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(43)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(304)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,253 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,775 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,522 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish zloty</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(638)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(678)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(40)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(762)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(594)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Group</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(26,911)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(23,887)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,024</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">167</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">155</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,702</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Profit and loss items are translated into euros at the average exchange rate for the year as described in note 2 a) ii.</span></div><div style="text-indent:3.82pt"><span><br/></span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:18.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.532%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text SemiBold',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which:</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Currency</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the beginning of the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at the end of the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Movement</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From goodwill</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From results</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">From net assets</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazilian real</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,704)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,032)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,328)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,280)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(190)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,858)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pound sterling</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,329)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,602)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,273)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(455)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(814)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexican peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,547)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,393)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(846)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(59)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(785)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentine peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,094)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,287)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(193)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(193)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chilean peso</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,181)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,450)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(269)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(266)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US dollar</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,833 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,253 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,580)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(143)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(58)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,379)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Polish zloty</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(249)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(638)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(389)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(133)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(430)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(762)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(306)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Group</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(16,701)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(26,911)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(10,210)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,104)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(254)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,852)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Profit and loss items are translated into euros at the average exchange rate for the year as described in note 2 a) ii.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">e) Other comprehensive income -Items that may be reclassified to profit or loss - Hedging derivatives – Cash flow hedges (Effective portion)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other comprehensive income – Items that may be reclassified to profit or loss - Cash flow hedges includes the gains or losses attributable to hedging instruments that qualify as effective hedges. These amounts will remain under this heading until they are recognised in the consolidated income statement in the periods in which the hedged items affect it.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:3pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">f) Other comprehensive income - Items that may be reclassified to profit or loss – Changes in the fair value of debt instruments measured at fair value with changes in other comprehensive income</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Includes the net amount of unrealised changes in the fair value of assets classified as Changes in the fair value of debt instruments measured at fair value with changes in other comprehensive income (see note 7).</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The breakdown, by type of instrument and geographical origin of the issuer, of 'Other comprehensive income – Items that may be reclassified to profit or loss - Changes in the fair value of debt instruments measured at fair value with changes in other comprehensive income' at 31 December 2022, 2021 and 2020 is as follows:</span></div><div style="margin-bottom:3pt;margin-top:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.723%"><tr><td style="width:1.0%"/><td style="width:35.398%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.775%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.777%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Revaluation gains</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Revaluation losses</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net revaluation gains/ (losses)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Issued by Public-sector</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">9,312 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">268 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(199)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">17,593 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest of the world</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">196 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(937)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(741)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">40,873 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Issued by Private-sector</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">5,727 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:4.55pt;font-style:italic;font-weight:400;line-height:105%;position:relative;top:-2.44pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(57)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">5,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest of the world</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(290)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(274)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">4,590 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">517</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(1,519)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(1,002)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">83,298</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;margin-top:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.427%"><tr><td style="width:1.0%"/><td style="width:35.804%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.677%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Revaluation gains</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Revaluation losses</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net revaluation gains/ (losses)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Issued by Public-sector</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">12,917 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">544 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(118)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">426 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">20,397 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest of the world</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(438)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">49,847 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Issued by Private-sector</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(18)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">4,759 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">47 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(171)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(124)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">11,708 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest of the world</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(46)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">5,957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,229</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(793)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">436</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">105,585</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.427%"><tr><td style="width:1.0%"/><td style="width:35.804%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.677%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Revaluation gains</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Revaluation losses</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net revaluation gains/ (losses)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Issued by Public-sector</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">693 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">693 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">19,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">915 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(69)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">846 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">23,116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest of the world</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(73)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">712 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">51,026 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Issued by Private-sector</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(5)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">6,454 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">12,191 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Latin America and rest of the world</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">6,069 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2,574</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(163)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2,411</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">118,170</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:107%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:107%;padding-left:5.54pt">The revaluation losses decrease includes the effect of the transfer made by Santander Bank Polska, S.A. during 2022, from debt securities under the heading 'Financial assets at fair value through other comprehensive income' to 'Financial assets at amortised cost' which has amounted for EUR 219 million in the Group's consolidated annual accounts.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">Santander Bank Polska, S.A. has decided to carry out a change of strategy in its business model which has entailed the cessation of a significant element of its commercial activity corresponding to customer deposits. This decision has been publicly communicated. As a result, the assets, which corresponded to a business model whose objective was to collect the principal and interest flows and the sale of such assets, which were directly related in origin to such liabilities, have to be reclassified to a new business model whose objective is achieved through the collection of the principal and interest flows.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">As established in IFRS 9, the transfer has been made prospectively; the financial asset has been reclassified to its fair value at the reclassification date and the cumulative gain or loss previously recognized in other comprehensive income has been eliminated from equity. Consequently, the financial asset is measured at the reclassification date as if it had always been measured at amortized cost and the cumulative gain or loss previously recognized in 'Other comprehensive income' (see consolidated statement of recognized income and expense) is adjusted against the fair value of the financial asset at the reclassification date.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Since the entry into force of IFRS 9, the Group estimates the expected losses on debt instruments measured at fair value with changes in other comprehensive income. These losses are recorded with a charge to the consolidated income statement for the period.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of the years 2022, 2021 and 2020, the Group recorded under 'Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss', net due to modification of the consolidated income statement, in the line of financial assets at fair value with changes in other comprehensive income a provision of EUR 7 million, EUR 19 million and EUR 19 million in 2022, 2021 and 2020, respectively.</span></div><div style="margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">g) Other comprehensive income - Items that may be reclassified to profit or loss and Items not reclassified to profit or loss - Other recognised income and expense of investments in subsidiaries, joint ventures and associates</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in other comprehensive income - Entities accounted for using the equity method were as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:64.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.319%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.321%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(476)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(489)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(335)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Revaluation gains/(losses)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">117 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(170)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net amounts transferred to profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(374)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(476)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(489)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Zurich Santander Insurance América, S.L.</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(315)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(332)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(298)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	ifrs-full	Accumulated Other Comprehensive Income AccumulatedOtherComprehensiveIncome	-35628000000	eur
CY2021Q4	ifrs-full	Accumulated Other Comprehensive Income AccumulatedOtherComprehensiveIncome	-32719000000	eur
CY2020Q4	ifrs-full	Accumulated Other Comprehensive Income AccumulatedOtherComprehensiveIncome	-33144000000	eur
CY2022Q4	san	Other Comprehensive Income Items That Will Not Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatWillNotBeReclassifiedToProfitOrLoss	-4635000000	eur
CY2021Q4	san	Other Comprehensive Income Items That Will Not Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatWillNotBeReclassifiedToProfitOrLoss	-4241000000	eur
CY2020Q4	san	Other Comprehensive Income Items That Will Not Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatWillNotBeReclassifiedToProfitOrLoss	-5328000000	eur
CY2022Q4	ifrs-full	Reserve Of Remeasurements Of Defined Benefit Plans ReserveOfRemeasurementsOfDefinedBenefitPlans	-3945000000	eur
CY2021Q4	ifrs-full	Reserve Of Remeasurements Of Defined Benefit Plans ReserveOfRemeasurementsOfDefinedBenefitPlans	-3986000000	eur
CY2020Q4	ifrs-full	Reserve Of Remeasurements Of Defined Benefit Plans ReserveOfRemeasurementsOfDefinedBenefitPlans	-5002000000	eur
CY2022Q4	san	Other Reserves Non Current Assets Held For Sale Not Reclassified To Profit Or Loss OtherReservesNonCurrentAssetsHeldForSaleNotReclassifiedToProfitOrLoss	0	eur
CY2021Q4	san	Other Reserves Non Current Assets Held For Sale Not Reclassified To Profit Or Loss OtherReservesNonCurrentAssetsHeldForSaleNotReclassifiedToProfitOrLoss	0	eur
CY2020Q4	san	Other Reserves Non Current Assets Held For Sale Not Reclassified To Profit Or Loss OtherReservesNonCurrentAssetsHeldForSaleNotReclassifiedToProfitOrLoss	0	eur
CY2022Q4	san	Amount Recognised In Other Comprehensive Income And Accumulated In Equity Relating To Investments In Associated Entities AmountRecognisedInOtherComprehensiveIncomeAndAccumulatedInEquityRelatingToInvestmentsInAssociatedEntities	10000000	eur
CY2021Q4	san	Amount Recognised In Other Comprehensive Income And Accumulated In Equity Relating To Investments In Associated Entities AmountRecognisedInOtherComprehensiveIncomeAndAccumulatedInEquityRelatingToInvestmentsInAssociatedEntities	-8000000	eur
CY2020Q4	san	Amount Recognised In Other Comprehensive Income And Accumulated In Equity Relating To Investments In Associated Entities AmountRecognisedInOtherComprehensiveIncomeAndAccumulatedInEquityRelatingToInvestmentsInAssociatedEntities	-2000000	eur
CY2022Q4	san	Other Valuation Adjustments Not Reclassified To Profit Or Loss Net Of Tax OtherValuationAdjustmentsNotReclassifiedToProfitOrLossNetOfTax	0	eur
CY2021Q4	san	Other Valuation Adjustments Not Reclassified To Profit Or Loss Net Of Tax OtherValuationAdjustmentsNotReclassifiedToProfitOrLossNetOfTax	0	eur
CY2020Q4	san	Other Valuation Adjustments Not Reclassified To Profit Or Loss Net Of Tax OtherValuationAdjustmentsNotReclassifiedToProfitOrLossNetOfTax	0	eur
CY2022Q4	ifrs-full	Reserve Of Gains And Losses From Investments In Equity Instruments ReserveOfGainsAndLossesFromInvestmentsInEquityInstruments	-672000000	eur
CY2021Q4	ifrs-full	Reserve Of Gains And Losses From Investments In Equity Instruments ReserveOfGainsAndLossesFromInvestmentsInEquityInstruments	-157000000	eur
CY2020Q4	ifrs-full	Reserve Of Gains And Losses From Investments In Equity Instruments ReserveOfGainsAndLossesFromInvestmentsInEquityInstruments	-308000000	eur
CY2022Q4	san	Hedge Ineffectiveness Measured At Fair Value Through Other Comprehensive Income HedgeIneffectivenessMeasuredAtFairValueThroughOtherComprehensiveIncome	0	eur
CY2021Q4	san	Hedge Ineffectiveness Measured At Fair Value Through Other Comprehensive Income HedgeIneffectivenessMeasuredAtFairValueThroughOtherComprehensiveIncome	0	eur
CY2020Q4	san	Hedge Ineffectiveness Measured At Fair Value Through Other Comprehensive Income HedgeIneffectivenessMeasuredAtFairValueThroughOtherComprehensiveIncome	0	eur
CY2022Q4	san	Other Reserves Other Comprehensive Income Before Tax Gains Losses On Hedged Item OtherReservesOtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgedItem	293000000	eur
CY2021Q4	san	Other Reserves Other Comprehensive Income Before Tax Gains Losses On Hedged Item OtherReservesOtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgedItem	275000000	eur
CY2020Q4	san	Other Reserves Other Comprehensive Income Before Tax Gains Losses On Hedged Item OtherReservesOtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgedItem	159000000	eur
CY2022Q4	san	Other Reserves Other Comprehensive Income Before Tax Gains Losses On Hedged Instrument OtherReservesOtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgedInstrument	-293000000	eur
CY2021Q4	san	Other Reserves Other Comprehensive Income Before Tax Gains Losses On Hedged Instrument OtherReservesOtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgedInstrument	-275000000	eur
CY2020Q4	san	Other Reserves Other Comprehensive Income Before Tax Gains Losses On Hedged Instrument OtherReservesOtherComprehensiveIncomeBeforeTaxGainsLossesOnHedgedInstrument	-159000000	eur
CY2022Q4	ifrs-full	Reserve Of Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability	-28000000	eur
CY2021Q4	ifrs-full	Reserve Of Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability	-90000000	eur
CY2020Q4	ifrs-full	Reserve Of Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability	-16000000	eur
CY2022Q4	san	Other Comprehensive Income Items That May Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatMayBeReclassifiedToProfitOrLoss	-30993000000	eur
CY2021Q4	san	Other Comprehensive Income Items That May Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatMayBeReclassifiedToProfitOrLoss	-28478000000	eur
CY2020Q4	san	Other Comprehensive Income Items That May Be Reclassified To Profit Or Loss OtherComprehensiveIncomeItemsThatMayBeReclassifiedToProfitOrLoss	-27816000000	eur
CY2022Q4	ifrs-full	Reserve Of Gains And Losses On Hedging Instruments That Hedge Investments In Equity Instruments ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments	-6750000000	eur
CY2021Q4	ifrs-full	Reserve Of Gains And Losses On Hedging Instruments That Hedge Investments In Equity Instruments ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments	-4283000000	eur
CY2020Q4	ifrs-full	Reserve Of Gains And Losses On Hedging Instruments That Hedge Investments In Equity Instruments ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments	-3124000000	eur
CY2022Q4	ifrs-full	Reserve Of Exchange Differences On Translation ReserveOfExchangeDifferencesOnTranslation	-20420000000	eur
CY2021Q4	ifrs-full	Reserve Of Exchange Differences On Translation ReserveOfExchangeDifferencesOnTranslation	-23887000000	eur
CY2020Q4	ifrs-full	Reserve Of Exchange Differences On Translation ReserveOfExchangeDifferencesOnTranslation	-26911000000	eur
CY2022Q4	ifrs-full	Reserve Of Cash Flow Hedges ReserveOfCashFlowHedges	-2437000000	eur
CY2021Q4	ifrs-full	Reserve Of Cash Flow Hedges ReserveOfCashFlowHedges	-276000000	eur
CY2020Q4	ifrs-full	Reserve Of Cash Flow Hedges ReserveOfCashFlowHedges	295000000	eur
CY2022Q4	ifrs-full	Reserve Of Gains And Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	-1002000000	eur
CY2021Q4	ifrs-full	Reserve Of Gains And Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	436000000	eur
CY2020Q4	ifrs-full	Reserve Of Gains And Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	2411000000	eur
CY2022Q4	san	Other Reserves Other Comprehensive Income Before Tax Hedging Instruments Not Designated OtherReservesOtherComprehensiveIncomeBeforeTaxHedgingInstrumentsNotDesignated	0	eur
CY2021Q4	san	Other Reserves Other Comprehensive Income Before Tax Hedging Instruments Not Designated OtherReservesOtherComprehensiveIncomeBeforeTaxHedgingInstrumentsNotDesignated	0	eur
CY2020Q4	san	Other Reserves Other Comprehensive Income Before Tax Hedging Instruments Not Designated OtherReservesOtherComprehensiveIncomeBeforeTaxHedgingInstrumentsNotDesignated	0	eur
CY2022Q4	san	Other Reserves Non Current Assets Held For Sale That May Be Reclassified To Profit Or Loss Net Of Tax OtherReservesNonCurrentAssetsHeldForSaleThatMayBeReclassifiedToProfitOrLossNetOfTax	0	eur
CY2021Q4	san	Other Reserves Non Current Assets Held For Sale That May Be Reclassified To Profit Or Loss Net Of Tax OtherReservesNonCurrentAssetsHeldForSaleThatMayBeReclassifiedToProfitOrLossNetOfTax	0	eur
CY2020Q4	san	Other Reserves Non Current Assets Held For Sale That May Be Reclassified To Profit Or Loss Net Of Tax OtherReservesNonCurrentAssetsHeldForSaleThatMayBeReclassifiedToProfitOrLossNetOfTax	0	eur
CY2022Q4	san	Amount Recognised In Other Comprehensive Income And Subject To Reclassification To Profit Or Loss Relating To Investments In Associated Entities AmountRecognisedInOtherComprehensiveIncomeAndSubjectToReclassificationToProfitOrLossRelatingToInvestmentsInAssociatedEntities	-384000000	eur
CY2021Q4	san	Amount Recognised In Other Comprehensive Income And Subject To Reclassification To Profit Or Loss Relating To Investments In Associated Entities AmountRecognisedInOtherComprehensiveIncomeAndSubjectToReclassificationToProfitOrLossRelatingToInvestmentsInAssociatedEntities	-468000000	eur
CY2020Q4	san	Amount Recognised In Other Comprehensive Income And Subject To Reclassification To Profit Or Loss Relating To Investments In Associated Entities AmountRecognisedInOtherComprehensiveIncomeAndSubjectToReclassificationToProfitOrLossRelatingToInvestmentsInAssociatedEntities	-487000000	eur
CY2022	ifrs-full	Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans	-56000000	eur
CY2022	san	Increase Decrease Through Changes In Value Recognized In Equity Provisions IncreaseDecreaseThroughChangesInValueRecognizedInEquityProvisions	242000000	eur
CY2022	ifrs-full	Increase Decrease In Net Defined Benefit Liability Asset Resulting From Miscellaneous Other Changes IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromMiscellaneousOtherChanges	-186000000	eur
CY2022Q4	san	Reserve Of Hedge Of Net Investments In Foreign Operations Effective Portion And Exchange Differences On Translation ReserveOfHedgeOfNetInvestmentsInForeignOperationsEffectivePortionAndExchangeDifferencesOnTranslation	-27170000000	eur
CY2021Q4	san	Reserve Of Hedge Of Net Investments In Foreign Operations Effective Portion And Exchange Differences On Translation ReserveOfHedgeOfNetInvestmentsInForeignOperationsEffectivePortionAndExchangeDifferencesOnTranslation	-28170000000	eur
CY2020Q4	san	Reserve Of Hedge Of Net Investments In Foreign Operations Effective Portion And Exchange Differences On Translation ReserveOfHedgeOfNetInvestmentsInForeignOperationsEffectivePortionAndExchangeDifferencesOnTranslation	-30035000000	eur
CY2022	ifrs-full	Disclosure Of Issued Capital Explanatory DisclosureOfIssuedCapitalExplanatory	Issued capital<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Changes</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2019, Banco Santander’s share capital consisted of EUR 8,309 million at 31 December 2019, represented by 16,618,114,582 shares of EUR 0.50 of nominal value each one and all of them from a unique class and series.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 3 December 2020, a capital increase of EUR 361 million was made, with a charge to the share premium, through the issue of 722,526,720 shares (4.35% of the share capital).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Therefore, Banco Santander's share capital at 31 December 2020 consisted of EUR 8,670 million, represented by 17,340,641,302 shares of EUR 0.50 of nominal value each and all of them of a unique class and series.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, Banco Santander's share capital at 31 December 2021 consisted of EUR 8,670 million, represented by 17,340,641,302 shares of EUR 0.50 of nominal value each and all of them of a unique class and series.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 1 April 2022, there was a capital reduction amounting to EUR 129,965,136.50 through the redemption of 259,930,273 shares, corresponding to the share buyback program carried out in 2021. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, on 28 June 2022, Banco Santander decreased its capital by an amount of EUR 143,154,722.50 through the redemption of 286,309,445 shares, corresponding to the share buyback program carried out during the first half of 2022.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Both operations have not entailed the return of contributions to the shareholders as Banco Santander was the owner of the redeemed shares.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Therefore, Banco Santander's share capital at 31 December 2022 consisted of EUR 8,397 million, represented by 16,794,401,584 shares of EUR 0.50 of nominal value each and all of them of a unique class and series. It includes 340,406,572 shares corresponding to the first 2022 share buyback program (see note 1.g).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander’s shares are listed on the Spanish Stock Market Interconnection System and on the New York, London, Mexico and Warsaw Stock Exchanges, and all of them have the same features and rights. Santander shares are listed on the London Stock Exchange under Crest Depository Interest (CDI), each CDI representing one Bank’s share. They are also listed on the New York Stock Exchange under American Depositary Receipts (BDR), each BDR representing one share. During 2019 and 2018 the number of markets where the Bank is listed was reduced; the Bank's shares was delisted from Buenos Aires, Milan, Lisboa and São Paulo's markets.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022, Norges Bank was registered with the CNMV with a direct significant shareholding of 3.006% of voting shares of Banco Santander (3% is the commonly lowest threshold provided under Spanish law to disclose a significant holding in a listed company), as it had announced on 5 May 2022. Even though at 31 December 2022, certain custodians appeared in our shareholder registry as holding more than 3% of our share capital, we understand that those shares were held in custody on behalf of other investors, none of whom exceeded that threshold individually. These custodians were State Street Bank (14.23%),Chase Nominees Limited (6.88%), The Bank of New York Mellon Corporation (4.82%), Citibank New York (3.90%), BNP (3.28%) and EC Nominees Limited (3.04%).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, neither Banco Santander's shareholder registry nor the CNMV's registry showed any shareholder residing in a non-cooperative jurisdiction with a shareholding equal to, or greater than, 1% of our share capital (which is the other threshold applicable under Spanish regulations).</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">b) Other considerations</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">Under Spanish law, only shareholders at the general meeting have the authority to increase share capital. However, they may delegate the authority to approve or execute capital increases to the board of directors. Banco Santander´s Bylaws are fully aligned with Spanish law and do not establish any different conditions for share capital increases.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the shares of the following companies were listed on official stock markets: Banco Santander Argentina S.A.; Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México; Banco Santander - Chile; Banco Santander (Brasil) S.A., Santander Bank Polska S.A. and Getnet Adquirência e Serviços para Meios de Pagamento S.A. - Instituição de Pagamento.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the number of Banco Santander shares owned by third parties and managed by Group management companies (mainly portfolio, collective investment undertaking and pension fund managers) or jointly managed was 50 million shares, which represented 0.30% of Banco Santander’s share capital (45 and 39 million shares, representing 0.26% and 0.22% of the share capital in 2021 and 2020, respectively). In addition, the number of Banco Santander shares owned by third parties and received as security was 232 million shares (equal to 1.38% of the Bank’s share capital).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the capital increases in progress at Group companies and the additional capital authorised by their shareholders at the respective general meetings were not material at Group level (see appendix V).</span></div>
CY2019Q4	ifrs-full	Issued Capital IssuedCapital	8309000000	eur
CY2019Q4	ifrs-full	Number Of Shares Outstanding NumberOfSharesOutstanding	16618114582	shares
CY2019Q4	ifrs-full	Par Value Per Share ParValuePerShare	0.50
CY2020Q4	san	Issued Capital Total Proceeds IssuedCapitalTotalProceeds	361000000	eur
CY2020Q4	ifrs-full	Number Of Shares Issued NumberOfSharesIssued	722526720	shares
CY2020Q4	san	Shares Issued As Percentage Of Total Share Capital SharesIssuedAsPercentageOfTotalShareCapital	0.0435
CY2020Q4	ifrs-full	Issued Capital IssuedCapital	8670000000	eur
CY2020Q4	ifrs-full	Number Of Shares Outstanding NumberOfSharesOutstanding	17340641302	shares
CY2020Q4	ifrs-full	Par Value Per Share ParValuePerShare	0.50
CY2021Q4	ifrs-full	Issued Capital IssuedCapital	8670000000	eur
CY2021Q4	ifrs-full	Number Of Shares Outstanding NumberOfSharesOutstanding	17340641302	shares
CY2021Q4	ifrs-full	Par Value Per Share ParValuePerShare	0.50
CY2022Q4	ifrs-full	Issued Capital IssuedCapital	8397000000	eur
CY2022Q4	ifrs-full	Number Of Shares Outstanding NumberOfSharesOutstanding	16794401584	shares
CY2022Q4	ifrs-full	Par Value Per Share ParValuePerShare	0.50
CY2022Q4	san	Crest Depositary Interest Share Equivalent CrestDepositaryInterestShareEquivalent	1	shares
CY2022Q4	san	American Depositary Receipt Share Equivalent AmericanDepositaryReceiptShareEquivalent	1	shares
CY2022Q4	san	Percentage Of Equity Interests Held By Significant Shareholders Minimum Threshold PercentageOfEquityInterestsHeldBySignificantShareholdersMinimumThreshold	0.03
CY2022Q4	san	Percentage Of Equity Interests Held By Significant Shareholders Minimum Threshold PercentageOfEquityInterestsHeldBySignificantShareholdersMinimumThreshold	0.03
CY2022	san	Percentage Of Equity Interests Held By A Single Shareholder Residing In Tax Haven Minimum Threshold PercentageOfEquityInterestsHeldByASingleShareholderResidingInTaxHavenMinimumThreshold	0.01
CY2022Q4	san	Number Of Shares Owned By Third Parties Managed By Group Management Companies NumberOfSharesOwnedByThirdPartiesManagedByGroupManagementCompanies	50000000	shares
CY2022Q4	san	Shares Owned By Third Parties Managed By Group Management Companies As Percentage Of Total Share Capital SharesOwnedByThirdPartiesManagedByGroupManagementCompaniesAsPercentageOfTotalShareCapital	0.0030
CY2021Q4	san	Number Of Shares Owned By Third Parties Managed By Group Management Companies NumberOfSharesOwnedByThirdPartiesManagedByGroupManagementCompanies	45000000	shares
CY2020Q4	san	Number Of Shares Owned By Third Parties Managed By Group Management Companies NumberOfSharesOwnedByThirdPartiesManagedByGroupManagementCompanies	39000000	shares
CY2021Q4	san	Shares Owned By Third Parties Managed By Group Management Companies As Percentage Of Total Share Capital SharesOwnedByThirdPartiesManagedByGroupManagementCompaniesAsPercentageOfTotalShareCapital	0.0026
CY2020Q4	san	Shares Owned By Third Parties Managed By Group Management Companies As Percentage Of Total Share Capital SharesOwnedByThirdPartiesManagedByGroupManagementCompaniesAsPercentageOfTotalShareCapital	0.0022
CY2022Q4	san	Number Of Shares Owned By Third Parties Received As Security NumberOfSharesOwnedByThirdPartiesReceivedAsSecurity	232000000	shares
CY2022Q4	san	Shares Owned By Third Parties Received As Security As Percentage Of Total Share Capital SharesOwnedByThirdPartiesReceivedAsSecurityAsPercentageOfTotalShareCapital	0.0138
CY2020	san	Increase Decrease In Share Premium Issuance Of Shares Under Dividend Scheme IncreaseDecreaseInSharePremiumIssuanceOfSharesUnderDividendScheme	-361000000	eur
CY2020	san	Decrease In Share Premium Transfer To Legal Reserve DecreaseInSharePremiumTransferToLegalReserve	72000000	eur
CY2022	san	Increase Decrease In Net Issue Premium IncreaseDecreaseInNetIssuePremium	-1433000000	eur
CY2022	san	Redemption Of Treasury Shares Purchase Value RedemptionOfTreasurySharesPurchaseValue	1706000000	eur
CY2022	san	Redemption Of Treasury Shares Par Value RedemptionOfTreasurySharesParValue	273000000	eur
CY2022	san	Redemption Of Treasury Shares Par Value RedemptionOfTreasurySharesParValue	273000000	eur
CY2022	ifrs-full	Disclosure Of Reserves And Other Equity Interest Explanatory DisclosureOfReservesAndOtherEquityInterestExplanatory	Accumulated retained earnings<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Definitions</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balance of 'Equity - Accumulated gains and Other reserves' includes the net amount of the accumulated results (profits or losses) recognised in previous years through the consolidated income statement which in the profit distribution were allocated in equity, the expenses of own equity instrument issues, the differences between the amount for which the treasury shares are sold and their acquisition price, as well as the net amount of the results accumulated in previous years, generated by the result of non-current assets held for sale, recognised through the consolidated income statement.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Accumulated retained earnings and Reserves of entities accounted for using the equity method is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Restricted reserves</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,798</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,460</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Legal reserve</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,734 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,734 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,734 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Own shares</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">737 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">755 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">672 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Revaluation reserve Royal Decree-Law 7/1996</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reserve for retired capital</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">284 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Unrestricted reserves</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,701</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,243</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Voluntary reserves</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,917 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,123 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,128 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Consolidation reserves attributable to the Bank</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(216)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,880)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reserves of subsidiaries</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49,196</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,601</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reserves of entities accounted for using the equity method</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,553</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,572</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,504</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">61,248</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">55,796</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">61,987</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">The board of directors has proposed to the general shareholders' meeting the reclassification of the excess that the amount of the balance of the legal reserve account shows over the figure that is equivalent to 20% of the resulting share capital after the executed capital reductions, to be included in the voluntary reserves account.</span></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">In accordance with the commercial regulations in force in Spain.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Legal reserve</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Under the Consolidated Spanish Corporate Enterprises Act, 10% of net profit for each year must be transferred to the legal reserve. These transfers must be made until the balance of this reserve reaches 20% of the share capital. The legal reserve can be used to increase capital provided that the remaining reserve balance does not fall below 10% of the increased share capital amount.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, in 2020 an amount of EUR 72 million, was transferred from the Share premium account to the Legal reserve.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Consequently, once again, after the capital increases described in note 31 had been carried out, the balance of the legal reserve met the percentage of 20% of the share capital, and at 31 December 2022 the Legal reserve was at the stipulated level.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Reserve for treasury shares</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">According to the Consolidated Text of the Corporate Enterprises Act, an unavailable reserve equivalent to the amount for which Banco Santander's shares owned by subsidiaries are recorded. This reservation shall be freely available when the circumstances which have obliged its constitution disappear. In addition, this reserve covers the outstanding balance of loans granted by the Group with Banco Santander's share guarantee and the amount equivalent to the credits granted by the Group companies to third parties for the acquisition of own shares.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Revaluation reserve Royal Decree Law 7/1996, of 7 June</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balance of Revaluation reserve Royal Decree-Law 7/1996 can be used, free of tax, to increase share capital. From 1 January 2007, the balance of this account can be taken to unrestricted reserves, provided that the monetary surplus has been realised. The surplus will be deemed to have been realised in respect of the portion on which depreciation has been taken for accounting purposes or when the revalued assets have been transferred or derecognised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">If the balance of this reserve were used in a manner other than that provided for in Royal Decree law 7/1996, of 7 June, it would be subject to taxation.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iv. Reserves of subsidiaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by company, of Reserves of subsidiaries, based on the companies’ contribution to the Group (considering the effect of consolidation adjustments) is as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.007%"><tr><td style="width:1.0%"/><td style="width:56.184%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.138%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.138%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.140%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander (Brasil) S.A. (Consolidated Group)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,663 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,325 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,067 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander UK Group</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,358 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,447 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,437 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,753 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,230 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Grupo Santander Holdings USA</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,324 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,913 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,793 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander - Chile</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,875 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Consumer Finance Group</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,858 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,186 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander Totta, S.A. (Consolidated Group)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,297 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,960 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander Argentina S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,527 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,318 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,161 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Bank Polska S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,140 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,990 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,748 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Investment, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,316 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,307 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,335 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,050 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">695 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Banco Santander International SA (former Banco Santander (Suisse) S.A)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">310 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">277 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">247 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other companies and consolidation adjustments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,959)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,508)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(672)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49,196</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,601</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which, restricted</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,614 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,392 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,155 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	san	Percentage Of Share Capital Required To Be Maintained In Legal Reserve PercentageOfShareCapitalRequiredToBeMaintainedInLegalReserve	0.20
CY2022	san	Percentage Of Annual Net Profit Required To Be Transferred To Legal Reserve PercentageOfAnnualNetProfitRequiredToBeTransferredToLegalReserve	0.10
CY2022	san	Percentage Of Share Capital Required To Be Maintained In Legal Reserve PercentageOfShareCapitalRequiredToBeMaintainedInLegalReserve	0.20
CY2022	san	Minimum Percentage Of Increased Share Capital Required To Be Maintained In Legal Reserve MinimumPercentageOfIncreasedShareCapitalRequiredToBeMaintainedInLegalReserve	0.10
CY2020	san	Decrease In Share Premium Transfer To Legal Reserve DecreaseInSharePremiumTransferToLegalReserve	72000000	eur
CY2022	san	Percentage Of Share Capital Required To Be Maintained In Legal Reserve PercentageOfShareCapitalRequiredToBeMaintainedInLegalReserve	0.20
CY2022Q4	san	Reserves Of Subsidiaries ReservesOfSubsidiaries	49196000000	eur
CY2021Q4	san	Reserves Of Subsidiaries ReservesOfSubsidiaries	47438000000	eur
CY2020Q4	san	Reserves Of Subsidiaries ReservesOfSubsidiaries	47601000000	eur
CY2022Q4	san	Reserves Of Subsidiaries Restricted ReservesOfSubsidiariesRestricted	3614000000	eur
CY2021Q4	san	Reserves Of Subsidiaries Restricted ReservesOfSubsidiariesRestricted	3392000000	eur
CY2020Q4	san	Reserves Of Subsidiaries Restricted ReservesOfSubsidiariesRestricted	3155000000	eur
CY2022	ifrs-full	Disclosure Of Treasury Shares Explanatory DisclosureOfTreasurySharesExplanatory	Other equity instruments and own shares<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Equity instruments issued not capital and other equity instruments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other equity instruments includes the equity component of compound financial instruments, the increase in equity due to personnel remuneration, and other items not recognised in other “Shareholders’ equity” items.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On 8 September 2017, Banco Santander, S.A. issued contingent redeemable perpetual bonds (the fidelity bonds) amounting to EUR 981 million nominal value -EUR 686 million fair value. On 31 December 2022 amounted to EUR 688 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, at 31 December 2022 the Group had other equity instruments amounting to EUR 175 million.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">b) Own shares</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">'</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Shareholders’ equity - Own shares' includes the amount of own equity instruments held by all the Group entities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Transactions involving own equity instruments, including their issuance and cancellation, are recognised directly in equity, and no profit or loss may be recognised on these transactions. The costs of any transaction involving own equity instruments are deducted directly from equity, net of any related tax effect.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2020, the number of treasury shares held by the Group was 28,439,022 (0.164% of the issued share capital).</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">During 2021, 524,312,848 shares of the Bank were acquired at an average price of EUR 3.14 per share, of which 259,930,273 shares (1.499% of the issued share capital) relate to the First Share Buyback Program at a weighted average price of EUR 3.235 per share; and 275,159,930 shares were transferred at an average price of EUR 3.10 per share - of which 55,750,000 shares correspond to two donations on an extraordinary basis made by Banco Santander to the Banco Santander Foundation. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2021, the number of treasury shares held by the Group was 277,591,940 (1.60% of the issued share capital).</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">During 2022, 713,359,786 shares of the Bank were acquired at an average price of EUR 2.87 per share, of which 286,309,445 relate to the Share Buyback Program carried out during the first half of 2022, and 220,942,806 relate to the new Share Buyback Program started on November 22. Likewise, 546,239,718 shares were amortised (note 31) and 201,022,983 shares have been transferred (of which 36,700,000 shares correspond to two donations made by Banco Santander to the Banco Santander Foundation) at an average price of EUR 2.85 per share (excluding in the calculation of the average price the transfers made by Banco Santander in the aforementioned donations).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, the Group holds 243,689,025 shares of the Bank's issued share capital (1.45%).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The effect on equity, net of tax, arising from the purchase and sale of Bank shares is of EUR 7 million profit in 2022 (EUR 23 million and EUR 1 million profit in 2021 and 2020, respectively).</span></div>
CY2017Q3	san	Nominal Value Of Equity Component Of Convertible Instruments NominalValueOfEquityComponentOfConvertibleInstruments	981000000	eur
CY2017Q3	ifrs-full	Reserve Of Equity Component Of Convertible Instruments ReserveOfEquityComponentOfConvertibleInstruments	686000000	eur
CY2020Q4	san	Treasury Shares Held By The Group Percentage Of Issued Share Capital TreasurySharesHeldByTheGroupPercentageOfIssuedShareCapital	0.00164
CY2021	san	Purchase Of Treasury Shares Number Of Shares PurchaseOfTreasurySharesNumberOfShares	524312848	shares
CY2021	san	Weighted Average Share Purchase Price WeightedAverageSharePurchasePrice	3.14
CY2021	san	Treasury Shares Number Of Shares Transferred TreasurySharesNumberOfSharesTransferred	275159930	shares
CY2021	san	Weighted Average Share Selling Price WeightedAverageShareSellingPrice	3.10
CY2021	san	Treasury Shares Number Of Shares Transferred Through Donations TreasurySharesNumberOfSharesTransferredThroughDonations	55750000	shares
CY2021	san	Number Of Extraordinary Donations NumberOfExtraordinaryDonations	2	donation
CY2021Q4	san	Treasury Shares Held By The Group Percentage Of Issued Share Capital TreasurySharesHeldByTheGroupPercentageOfIssuedShareCapital	0.0160
CY2022	san	Purchase Of Treasury Shares Number Of Shares PurchaseOfTreasurySharesNumberOfShares	713359786	shares
CY2022	san	Weighted Average Share Purchase Price WeightedAverageSharePurchasePrice	2.87
CY2022	san	Treasury Shares Number Of Shares Amortized TreasurySharesNumberOfSharesAmortized	546239718	shares
CY2022	san	Treasury Shares Number Of Shares Transferred TreasurySharesNumberOfSharesTransferred	201022983	shares
CY2022	san	Treasury Shares Number Of Shares Transferred Through Donations TreasurySharesNumberOfSharesTransferredThroughDonations	36700000	shares
CY2022	san	Number Of Extraordinary Donations NumberOfExtraordinaryDonations	2	donation
CY2022	san	Weighted Average Share Selling Price WeightedAverageShareSellingPrice	2.85
CY2022Q4	san	Treasury Shares Held By The Group Percentage Of Issued Share Capital TreasurySharesHeldByTheGroupPercentageOfIssuedShareCapital	0.0145
CY2022	san	Net Purchase Sale Of Treasury Shares NetPurchaseSaleOfTreasuryShares	7000000	eur
CY2021	san	Net Purchase Sale Of Treasury Shares NetPurchaseSaleOfTreasuryShares	23000000	eur
CY2020	san	Net Purchase Sale Of Treasury Shares NetPurchaseSaleOfTreasuryShares	1000000	eur
CY2022	ifrs-full	Disclosure Of Commitments And Contingent Liabilities Explanatory DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory	Memorandum items<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Memorandum items relates to balances representing rights, obligations and other legal situations that in the future may have an impact on net assets, as well as any other balances needed to reflect all transactions performed by the consolidated entities although they may not impinge on their net assets.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Guarantees and contingent commitments granted</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">Contingent liabilities includes all transactions under which an entity guarantees the obligations of a third party and which result from financial guarantees granted by the entity or from other types of contract. The detail is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:51.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.643%"/><td style="width:0.1%"/></tr><tr style="height:15pt"><td colspan="12" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans commitment granted</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">274,075</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">262,737</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">241,230</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">653 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">615 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">274 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial guarantees granted</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,856</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,758</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,377</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">521 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">188 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">124 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,813 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,358 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit derivatives sold</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other commitments granted</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">92,672</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">75,733</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">64,538</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">608 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">781 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">548 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Technical guarantees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50,508 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,158 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,526 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,164 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,575 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,012 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The breakdown as at 31 December 2022 of the exposures and the provision fund (see note 25) out of balance sheet by impairment stage is EUR 370,729 million and EUR 331 million (EUR 337,113 million and EUR 372 million in 2021 and EUR 310,435 million and EUR 377 million in 2020) in stage 1, EUR 7,092 million and EUR 191 million (EUR 10,531 million and EUR 200 million in 2021 and EUR 6,764 million and EUR 182 million in 2020) in stage 2 and EUR 1,782 million and EUR 212 million (EUR 1,584 million and EUR 161 million in 2021 and EUR 946 million and EUR 141 million in 2020) in stage 3, respectively. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Income from guarantee instruments is recognised under 'Fee and commission income' in the consolidated income statements and is calculated by applying the rate established in the related contract to the nominal amount of the guarantee.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">i. Loan commitments granted</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Loan commitments granted: firm commitments of grating of credit under predefined terms and conditions, except for those that comply with the definition of derivatives as these can be settled in cash or through the delivery of issuance of another financial instrument. They include stand-by credit lines and long-term deposits.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">ii. Financial guarantees granted</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Financial guarantees includes, inter alia, financial guarantee contracts such as financial bank guarantees, credit derivatives sold, and risks arising from derivatives arranged for the account of third parties.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">iii. Other commitments granted</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other contingent liabilities include all commitments that could give rise to the recognition of financial assets not included in the above items, such as technical guarantees and guarantees for the import and export of goods and services.</span></div><div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Memorandum items</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Off-balance-sheet funds under management</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of off-balance-sheet funds managed by the Group and by joint ventures is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:50.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.951%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">142,189 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">145,987 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">131,965 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,021 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,078 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,577 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,670 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,862 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,712 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">186,927</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">168,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Non-managed marketed funds</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, at 31 December 2022 there are non-managed marketed funds totalling EUR 48,379 million (EUR 48,385 million and EUR 38,563 million at 31 December 2021 and 2020, respectively).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:130%">c) Third-party securities held in custody</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the Group held in custody debt securities and equity instruments totalling EUR 231,263 million (EUR 236,153 million and EUR 209,269 million at 31 December 2021 and 2020, respectively) entrusted to it by third parties.</span></div>
CY2022	ifrs-full	Disclosure Of Contingent Liabilities Explanatory DisclosureOfContingentLiabilitiesExplanatory	The detail is as follows:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:51.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.643%"/><td style="width:0.1%"/></tr><tr style="height:15pt"><td colspan="12" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans commitment granted</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">274,075</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">262,737</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">241,230</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">653 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">615 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">274 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial guarantees granted</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,856</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,758</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,377</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">521 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">188 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">124 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,813 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,358 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit derivatives sold</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other commitments granted</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">92,672</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">75,733</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">64,538</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">608 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">781 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">548 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Technical guarantees</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50,508 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,158 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,526 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,164 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,575 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,012 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table>
CY2022Q4	san	Off Balance Sheet Assets Managed By The Entity And By Joint Ventures OffBalanceSheetAssetsManagedByTheEntityAndByJointVentures	181880000000	eur
CY2021Q4	san	Off Balance Sheet Assets Managed By The Entity And By Joint Ventures OffBalanceSheetAssetsManagedByTheEntityAndByJointVentures	186927000000	eur
CY2020Q4	san	Off Balance Sheet Assets Managed By The Entity And By Joint Ventures OffBalanceSheetAssetsManagedByTheEntityAndByJointVentures	168254000000	eur
CY2022Q4	san	Non Managed Marketed Funds NonManagedMarketedFunds	48379000000	eur
CY2021Q4	san	Non Managed Marketed Funds NonManagedMarketedFunds	48385000000	eur
CY2020Q4	san	Non Managed Marketed Funds NonManagedMarketedFunds	38563000000	eur
CY2022Q4	san	Third Party Debt Securities And Equity Instruments Held In Custody ThirdPartyDebtSecuritiesAndEquityInstrumentsHeldInCustody	231263000000	eur
CY2021Q4	san	Third Party Debt Securities And Equity Instruments Held In Custody ThirdPartyDebtSecuritiesAndEquityInstrumentsHeldInCustody	236153000000	eur
CY2020Q4	san	Third Party Debt Securities And Equity Instruments Held In Custody ThirdPartyDebtSecuritiesAndEquityInstrumentsHeldInCustody	209269000000	eur
CY2022	ifrs-full	Disclosure Of General Hedge Accounting Explanatory DisclosureOfGeneralHedgeAccountingExplanatory	Hedging derivatives<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander, within its financial risk management strategy, and in order to reduce asymmetries in the accounting treatment of its operations, enters into hedging derivatives on interest, exchange rate, credit risk or variation of stock prices, depending on the nature of the risk covered.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Based on its objective, Grupo Santander classifies its hedges in the following categories:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Cash flow hedges: cover the exposure to the variation of the cash flows associated with an asset, liability or a highly probable forecast transaction. This cover the variable-rate issues in foreign currencies, fixed-rate issues in non-local currency, variable-rate interbank financing and variable-rate assets (bonds, commercial loans, mortgages, etc.).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Fair value hedges: cover the exposure to the variation in the fair value of assets or liabilities, attributable to an identified and hedged risk. This covers the interest risk of assets or liabilities (bonds, loans, bills, issues, deposits, etc.) with coupons or fixed interest rates, interests in entities, issues in foreign currencies and deposits or other fixed rate liabilities.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Hedging of net investments abroad: cover the exchange rate risk of the investments in subsidiaries domiciled in a country with a different currency from the functional one of the Group.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Due to the replacement of the current rates by the alternative rates defined in the note 53 of this report, in the section 'IBOR Reform', the nominal amount of hedging instruments corresponding to the hedging relationships directly affected by the uncertainties related to the IBOR reforms is shown below. The percentage of the nominal amount of derivatives affected with a maturity date after the transition date of the reform represents 6.83% of the total hedging derivatives:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:70.813%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.987%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">USD LIBOR</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total hedging instruments affected</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,001 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,907 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,094 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,740 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,454 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,278 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-transition date agreement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,879 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,094 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,573 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,278 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As for the hedged items directly affected by the uncertainties related to the IBOR reforms, their nominal amount is shown below, which represents 2.17% of the total notional amount hedged:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:70.813%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.987%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">USD LIBOR</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total hedge items directly affected</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,357 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,349 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,558</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-transition date agreement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,403</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following tables contains the detail of the hedging derivatives according to the type of hedging, the hedge risk and the main products used as of 31 December 2022, 2021 and 2020:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:31.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.644%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million </span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal value</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in fair value used for calculating hedge ineffectiveness</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet line items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">214,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,095</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,630</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,351</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">190,513</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,405</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">87,477 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,950 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(716)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88,059 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,367 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">623 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,468 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,492</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">147</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,745 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">147 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(36)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">747 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,412</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">366</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">805</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">905 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">80 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(79)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,679 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">261 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">922 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,522 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">266 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">286 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(61)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">CDS</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149,756</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,730</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,767</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(520)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">81,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">137</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,325</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,461)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">55,886 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,494 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,439)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,784 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(184)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,151)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,973</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,358</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,760</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,754 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">267 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">773 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,005 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">455 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">982 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,175</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,046</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">292</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(80)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,361 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">161 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(333)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,814 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,046 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">131 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">249 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,924</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">180</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,403</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">261</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,096 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">179 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,364 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Option</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">58 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,614 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">244 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">831 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">386,843</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,069</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,228</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">364</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.652%"><tr><td style="width:1.0%"/><td style="width:29.960%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.839%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.839%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.839%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.960%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.963%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal value</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in fair value used for calculating hedge ineffectiveness</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet line items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">206,957</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,656</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,079</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,227</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,778</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">591</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">66,904 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,668 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">920 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(377)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97,321 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">734 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">714 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">287</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,909 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,329 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">265 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,326</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">200</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,397 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">281 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">443 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">192 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,650 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160,397</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,034</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,157</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,703)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">99,648</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">420</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(526)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,652 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,471 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">70 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">155 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(212)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,846 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(409)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,343</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">396</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">657</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(112)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,381 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">280 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15,004 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">606 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(133)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,609</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">400</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(815)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,604 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(112)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,005 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,330 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">393 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(702)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">679</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(247)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,503 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">678 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(232)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt 0 7.75pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">650</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">650</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,594 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">199 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">650 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt 0 7.75pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">392,948</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,761</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,783)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:29.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.718%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal value</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in fair value used for calculating hedge ineffectiveness</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet line items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,671</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(451)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,582</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,850</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(456)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94,713 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,985 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,747 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,740 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">886 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(486)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,037</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">293</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,422 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">210 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">47 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,434</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">378</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">771</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,704 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">370 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">757 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">207</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">139,156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,436</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,739</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">235</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74,731</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">478</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">522</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">78</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Futures</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,492 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">322 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(208)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46,547 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">237 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">108 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">135 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,123 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">204 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">145 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,483</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">555</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">802</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(401)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,151 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">265 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">195 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,425 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">283 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">600 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(103)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,362</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">275</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">679</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,218 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">262 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">129 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,682 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,100 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">264 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">550 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,907</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">36</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">140</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(129)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,206 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">136 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(132)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt 0 18.25pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">690</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">690</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,210 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">690 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">459 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt 0 18.25pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">360,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,325</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,869</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,124</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Considering the main entities or groups within the Group by the weight of their hedging, the main types of hedging that are being carried out in Santander UK Group Holdings plc group and Banco Santander, S.A.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander UK Group Holdings plc group enters into fair value and cash flow hedging derivatives depending on the exposure of the underlying. Only designated risks are hedged and therefore other risks, such as credit risk, are managed but not hedged.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Within fair value hedges, Santander UK Group Holdings plc group has portfolios of assets and liabilities at fixed rate that are exposed to changes in fair value due to changes in market interest rates. These positions are managed by contracting mainly interest rate swaps. Effectiveness is assessed by comparing the changes in the fair value of these portfolios generated by the hedged risk with the changes in the fair value of the derivatives contracted.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander UK Group Holdings plc group also has access to international markets to obtain financing by issuing fixed-rate debt in its functional currency and other currencies. As such, they are exposed to changes in interest rates and exchange rates, mainly in EUR and USD. This risk is mitigated with Cross Currency Swaps e Interest Rate Swaps in which they pay a fixed rate and receive a variable rate. Effectiveness is evaluated using linear regression techniques to compare changes in the fair value of the debt at interest and exchange rates with changes in the fair value of interest rate swaps o loss cross currency swaps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Within the cash flow hedges, Santander UK Group Holdings plc group has portfolios of assets and liabilities at variable rates, normally at SONIA or BoE base rate. To mitigate this market rate variability risk, it contracts Interest Rate Swaps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As Santander UK Group Holdings plc group obtains financing in the international markets, it assumes a significant exposure to currency risk mainly USD and EUR. In addition, it also holds debt securities for liquidity purposes which assume exposure mainly in JPY. To manage this exchange rate risk, Spot, Forward y Cross Currency Swap are contracted to match the cash flow profile and the maturity of the estimated interest and principal repayments of the hedged item. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Effectiveness is assessed by comparing changes in the fair value of the derivatives with changes in the fair value of the hedged item attributable to the hedged risk by applying a hypothetical derivative method using linear regression techniques.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, within the hedges that cover equity risk, Santander UK Group Holdings plc group offers employees the opportunity to purchase shares of the Bank at a discount under the Sharesave Scheme, exposing the Bank to share price risk. As such, options are purchased allowing them to purchase shares at a pre-set price. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander, S.A. covers the risks of its balance sheet in a variety of ways. On the one hand, documented as fair value hedges, it covers the interest rate, foreign currency and credit risk of fixed-income portfolios at a fixed rate (REPOs are included in this category). Resulting, in an exposure to changes in their fair value due to variations in market conditions based on the various risks hedged, which has an impact on Banco Santander's income statement. </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To mitigate these risks, Banco Santander contracts derivatives, mainly Interest Rate Swaps, Cross Currency Swaps, Cap&floors, Forex Forward y Credit Default Swaps. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On the other hand, the interest and exchange rate risk of loans granted to corporate clients at a fixed rate is generally covered. These hedges, are carried out through Interest Rate Swaps, Cross Currency Swaps and exchange rate derivatives (Forex Swaps and Forex Forward).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, Banco Santander, S.A. manages the interest and exchange risk of debt issues in its various categories (issuing covered bonds, perpetual, subordinated and senior bond) and in different currencies, denominated at fixed rates, and therefore subject to changes in their fair value. These issues are covered through Interest Rate Swaps, Cross Currency Swaps or a mix of both by applying differentiated fair value hedging strategies for interest rate risk and cash flow hedging strategies to hedge foreign exchange risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The methodology used by Banco Santander, S.A. to measure the effectiveness of fair value hedges is based on comparing the market values of the hedged items (based on the objective risk of the hedge) and of the hedging instruments in order to analyse whether the changes in the market value of the hedged items are offset by the market value of the hedging instruments, thereby mitigating the hedged risk and minimizing volatility in the income statement. Prospectively, the same analysis is performed, measuring the theoretical market values in the event of parallel variations in the market curves of a positive basis point.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There is a macro hedge of structured loans in which the interest rate risk of fixed-rate loans (mortgage, personal or with other guarantees) granted to legal entities in commercial or corporate banking and wealth clients in the medium-long term is hedged. This hedge is instrumented as a macro hedge of fair value, the main hedging instruments being Interest Rate Swap and Cap&floors. In case of total or partial cancellation or early repayment, the customer is obliged to pay/receive the cost/income of the cancellation of the interest rate risk hedge managed by the Bank.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding cash flow hedges, the objective is to hedge the cash flow exposure to changes in interest rates and exchange rates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For retrospective purposes, the hypothetical derivative methodology is used to measure effectiveness. By means of this methodology, the hedged risk is modelled as a derivative instrument -not real-, created exclusively for the purpose of measuring the effectiveness of the hedge, and which must comply with the fact that its main characteristics coincide with the critical terms of the hedged item throughout the period for which the hedging relationship is designated. This hypothetical derivative does not incorporate characteristics that are exclusive to the hedging instrument. Additionally, it is worth mentioning that any risk component not associated with the hedged objective risk and effectively documented at the beginning of the hedge is excluded for the purpose of calculating the effectiveness. The market value of the hypothetical derivative that replicates the hedged item is compared with the market value of the hedging instrument, verifying that the hedged risk is effectively mitigated and that the impact on the income statement due to potential ineffectiveness is residual.</span></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Prospectively, the variations in the market values of the hedging instrument and the hedged item (represented by the hypothetical derivative) are measured in the event of parallel shifts of a positive basis point in the affected market curves.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There is another macro-hedge, this time of cash flows, the purpose of which is to actively manage the risk-free interest rate risk (excluding credit risk) of a portion of the floating rate assets of Banco Santander, S.A., through the arrangement of interest rate derivatives whereby the bank exchanges floating rate interest flows for others at a fixed rate agreed at the time the transactions are arranged. The items affected by the Macro-hedging have been designated as those in which their cash flows are exposed to interest rate risk, specifically the floating rate mortgages of the Banco Santander, S.A. network referenced to Euribor 12 Months or Euribor Mortgage, with annual renewal of rates, classified as sound risk and which do not have a contractual floor (or, if not, this floor is not activated). The hedged position affecting the Macro Cash Flow Hedge at the present time is EUR 28,200 million. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding net foreign investments hedges, basically, they are allocated in Banco Santander, S.A. and Santander Consumer Finance Group. Grupo Santander assumes as a priority risk management objective to minimize -to the limit determined by the Group's Financial Management- the impact on the calculation of the capital ratio of its permanent investments included within the Group's consolidation perimeter, and whose shares or equity interests are legally denominated in a currency other than that of the Group's parent company. For this purpose, financial instruments (generally derivatives) are contracted to hedge the impact on the capital ratio of changes in forward exchange rates. Grupo Santander mainly hedges the risk for the following currencies: BRL, CLP, MXN, CAD, COP, CNY, GBP, CHF, NOK, USD, and PLN. The instruments used to hedge the risk of these investments are Forex Swaps, Forex Forward and Spot Currency purchases/sales.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For this type of hedges, ineffectiveness scenarios are considered to be of low probability, given that the hedging instrument is designated considering the position determined and the spot rate at which the position is located.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table sets out the maturity profile of the hedging instruments used in Grupo Santander non-dynamic hedging strategies:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> </span></div></td><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,588</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,811</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37,723</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">136,223</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,128</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">214,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">120,829</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,668</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">190,513</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,535 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,854 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56,868 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,215 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">87,477 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,039 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,511 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54,786 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88,059 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">556</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,448</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,492</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">556 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">741 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,448 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,745 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">747 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">747 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">912</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,193</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,356</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,713</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,412</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">405 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">192 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">308 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">905 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest Future rate </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">238 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,396 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,522 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">CDS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,202</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">41,514</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">75,653</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,205</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149,756</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,546</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,424</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,568</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">36,501</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">81,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,292 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,877 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">28,103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,568 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">55,886 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,175 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,196 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,728 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,214 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,784 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,777</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,940</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,973</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,996 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,487 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,289 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,754 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,313 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,470 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,028 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,385 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,982</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,208</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,175</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,468 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">234 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,361 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">509 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,323 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,826 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">974 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,814 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">677</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,974</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,505</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,870</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,898</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,924</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,895 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,898 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,096 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">48</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Option</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations:</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,393</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,972</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,393</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,972</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,249 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,393 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,972 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,614 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,019</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,406</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">94,209</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">211,876</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,333</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">386,843</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> </span></div></td><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,546</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,786</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,119</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114,828</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,678</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">206,957</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,324</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103,216</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,785</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">267 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42,398 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">66,904 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,527 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,588 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56,120 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,370 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97,321 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">598</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,712</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,013</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,550</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,365</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">598 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,712 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,013 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">586 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,909 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,964 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,365 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,329 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">624</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">77</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,898</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,326</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">624 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">198 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,437 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,066 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,397 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,232 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">418 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,650 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,208</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">102,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,223</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160,397</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,047</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,061</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,875</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">68,867</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,798</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">99,648</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,097 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,652 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,336 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">310 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,759 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">58,930 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">136 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">751 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">858 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,920 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,846 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,348</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,195</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,506</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,856</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,343</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,406 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,309 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,947 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,719 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,032 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,248 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,885 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,800 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15,004 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">860</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,924</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,165</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,324</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,609</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,505 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,099 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,604 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">336 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,924 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,660 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">329</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,246</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,240</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,245 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,240 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations:</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,346</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,235</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,916</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,346</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,235</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,916</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,097 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,346 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,235 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,916 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,594 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,317</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">78,813</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">220,577</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,901</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">392,948</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months<br/>to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year<br/>to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,132</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,221</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,897</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">95,343</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,616</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">39,921</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">90,913</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,465</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,582</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,943 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">24,807 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">33,333 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">27,826 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94,713 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,021 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,662 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,241 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49,624 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,192 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,740 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,264</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,037</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">901 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,264 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,257 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">282</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,711</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,202</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,434</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">282 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,711 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,607 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,104 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,704 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">191</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">207</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">61,186</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,725</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">139,156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,019</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,070</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,959</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,976</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74,731</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,626 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29,511 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,219 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">385 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46,547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,181 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,616</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,071</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,714</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,483</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,532 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,040 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,336 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">214 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">93 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,576 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,828 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,714 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,425 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,691</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">972</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,634</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,687</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,037</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">816 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">981 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,402 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,019 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,218 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">875 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">972 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,018 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,682 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,033</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,456</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,997</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,907</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">181 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,997 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,435</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,086</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,858</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,435</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,086</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,858</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,435 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,086 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,831 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,858 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,210 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,056</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,936</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">101,855</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">158,387</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49,392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">360,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, for Santander UK Group Holdings plc and Banco Santander, S.A., both the maturity profile, the average interest and exchange rate of hedging instruments by maturity buckets are shown:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Santander UK Group Holdings plc group</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months<br/>to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year<br/>to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,039 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">24,447 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51,257 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">87,529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.580 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.880 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.560 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.070 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.780 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.770 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.600 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.770 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.090 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.350 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.470 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.510 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.920 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">911 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.212</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.157</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.100</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.186</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.420 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.060 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.630 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,175 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,728 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21,775 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.770 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.290 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.980 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.350 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.840 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,536 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,685 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,583 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,436 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26,303 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/JPY exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">157.450</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">160.039</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/CHF exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.131</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.123</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.181</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.165</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.224</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.253</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.171</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.314</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.388</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">57</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,983 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,621 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">968 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,572 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.185</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.210</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.196</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.604</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.503</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.537</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.270 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.580 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.590 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt 0 7.75pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,408 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,525 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">53,427 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,942 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">96,018 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.590 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.420 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.090 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.910 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.510 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.740 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.080 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.810 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.610 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.910 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.960 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.440 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.760 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.050 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">127 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">683 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">165 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">975 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.205</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.159</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.171</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.290 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.030 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.620 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">572 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,036 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,967 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,893 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.970 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.440 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.080 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.290 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.970 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,218 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,114 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,448 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,897 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,584 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21,261 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/JPY exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">142.905</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">148.856</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.165</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.185</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.159</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.174</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.344</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.342</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.332</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.339</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.388</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">739 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,112 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,711 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.277</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.386</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.202</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.200</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.609</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.381</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.260 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.170 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.720 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.410 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months<br/>to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year<br/>to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,704 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,481 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30,946 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">53,170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,050 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">104,351 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.690 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.650 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.820 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.180 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.230 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.020 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.980 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.870 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.160 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">147 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">776 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">260 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,183 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.141</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.170</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.167</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.640 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.780 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.560 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">999 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,815 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,180 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,863 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.460 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.450 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.330 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,602 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,317 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,328 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,246 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,737 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/JPY exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">137.977</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">135.607</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">132.271</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.163</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.179</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.293</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.316</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.323</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.304</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,630 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,858 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,816 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,792 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,096 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.354</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.253</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.197</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.465</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.609</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.381</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.010 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.180 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.480 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.390 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Banco Santander, S.A.</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,032 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,248 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,348 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,552 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.569 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.406)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.278 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.396 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.674 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.530 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.650 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.327 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.892 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.835 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.181 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.374 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.610 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">899 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,064 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.877</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.040</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.992</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CNY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.172</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.252</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.159</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.587</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.529</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,767 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">988 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.800 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.824 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.520 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) HKD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.580</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.568 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.442 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.360 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.010 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.762 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NZD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/MXN</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.452 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13.614 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.150 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/CLP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.450 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.545</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.407</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.677</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.162</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.945</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average HKD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.851</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">133.840</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130.227</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118.180</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.492</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.685</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.746</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.842</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.927</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.092</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.105</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/CLP exchange rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.001</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NZD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.666</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/MXN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.051</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Credit risk instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Interest rate and foreign exchange rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,235 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/PEN</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.398 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.207 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.305 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.084</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.173</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.604</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.562</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.885</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120.568</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.242</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26.131</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/PEN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.252</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/AUD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.654</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Bond Forward instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,453 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.431)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.404)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.348)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.010)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Bond Forward instruments </span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.322 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average exchange rate GBP/EUR</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.156</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.153</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.142</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,020 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,711 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,839 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average BRL/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.554</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.797</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.866</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CLP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">953.549</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">955.790</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">944.113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,935.121</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.869</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.873</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.876</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.130</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.968</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22.156</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.158</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average PLN/EUR exchange rate</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.832</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.837</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.991</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,822 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,038 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21,507 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,031 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">36,412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.750 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.859 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.989 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.031)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.212 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.532 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.828 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.746 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.459 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.737 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.374 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.200 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,634 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,350 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">586 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.882</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.865</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.876</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.187</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.172</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.180</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CNY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.859</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.717</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.412</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average PEN/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.003</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132.688</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130.741</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,255 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,812 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.661 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.849 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) HKD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.580 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.144 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.605 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.760 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5.140 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9.470 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.789 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) COP/USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/CLP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.450 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.529</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.506</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.176</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/COP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.891</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average HKD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.782</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">132.966</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">126.605</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14.696</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9.606</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.815</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.927</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.092</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.105</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/COP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/CLP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.001</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NZD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.666</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/MXN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.050</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">120</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">173</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,848 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">408 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,434 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/PEN</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.441</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.632</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.305</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.882</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.604</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.562</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.885</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">120.568</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10.242</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26.131</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/PEN exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.208</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/AUD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.624</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Bond Forward instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,191 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">38,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">47,784 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.465)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.258)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.765</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.650</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,778 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,848 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,815 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,916 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,357 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average BRL/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.663</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.7576 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.8411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CLP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">943.354</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">929.690</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">949.615</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,538.997</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.854</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.857</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.855</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.875</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.541</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.335</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.192</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average PLN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.592</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.582</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.634</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.167</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.233</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">409 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,165 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">36,371 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.375 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.072 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.647 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.551 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.388 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.820 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.927 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.800 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.698 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.031 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.004 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.562 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average fixed interest rate (%) RON</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.610</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">833 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,008 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,990 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.901</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.916</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.165</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.171</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.178</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,628.140</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,603.595</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CNY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.108</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.997</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average SAR/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.484</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.514</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">282 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">818 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,621 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,083 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.380 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.849 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) HKD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.580 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.195 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.568 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.281 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.605 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.030 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) COP/USD</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/CLP</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.930</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.508</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,437.200</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.539</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.891</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average HKD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.782</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">113.370</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">133.840</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">125.883</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.696</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.606</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.727</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.092</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.105</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/CLP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.001</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/MXN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.050</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Credit risk instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">191 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">207 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,247 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,242 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">208 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,697 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.080</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.882</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.625</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.810</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">120.568</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Bond Forward instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">35,443 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.258)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.250)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.236)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,858 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average BRL/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5.270</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5.308</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.332</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CLP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">869.633</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">861.546</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">864.339</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">932.215</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.471</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.909</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.916</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.907</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23.121</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.456</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26.788</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average PLN/EUR exchange rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.427</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.420</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.516</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">Other geographies </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Consumer Group entities mainly have loans portfolios at fixed interest rates and are therefore, exposed to changes in fair value due to movements in market interest rates. The entities manage this risk by contracting interest rate swaps in which they pay a fixed rate and receive a variable rate. Interest rate risk is the only one hedged and, therefore, other risks, such as credit risk, are managed but not hedged by the entities. The interest rate risk component is determined as the change in fair value of fixed rate loans arising solely from changes in a reference rate. This strategy is designated as a fair value hedge and its effectiveness is assessed by comparing changes in the fair value of loans attributable to changes in reference interest rates with changes in the fair value of interest rate swaps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in order to access international markets with the aim of obtaining sources of financing, some Consumer Group´s entities issue fixed rate debt in their own currency and in other currencies that differ from their functional currency. Therefore, they are exposed to changes in both interest rates and exchange rates, which they mitigate with derivatives (Interest Rate Swaps, Fx Forward and Cross Currency Swaps) in which they receive a fixed interest rate and pay a variable interest rate, implemented with a fair value hedge.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The cash flow hedges of the Grupo Santander´s entities hedge the foreign currency risk of loans and financing. </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, it has hedges of net investments abroad to hedge the foreign exchange risk of the shareholding in NOK and CNY currencies.</span></div><div><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has mainly long-term loan portfolios at fixed interest rates, portfolios of short-term deposits in local currency, portfolios of Mexican Government bonds and corporate bonds in currencies other than the local currency and are therefore exposed to changes in fair value due to movements in market interest rates, as well as these latter portfolios also to variations in exchange rates. The entity manages this risk by contracting derivatives (Interest Rate Swaps or Cross Currency Swaps) in which they pay a fixed rate and receive a variable rate. Only the interest rate and exchange rate risk is hedged, if applicable, and therefore other risks, such as credit risk, are managed but not hedged by the entity.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The interest rate risk component is determined as the change in the fair value of fixed rate loans arising solely from changes in a reference rate. This strategy is designated as a fair value hedge and its effectiveness is assessed by comparing changes in the fair value of loans attributable to changes in benchmark interest rates with changes in the fair value of interest rate swaps.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding cash flow hedges, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a portfolio of unsecured bonds issued at a variable rate in its local currency, which it manages with an Interest Rate Swap in which it receives a variable rate and pays a fixed rate. On the other hand, it also has different items in currencies other than the local currency: unsecured fixed rate bonds, commercial bank loans at variable rates, fixed rate issues, Mexican and Brazilian government bonds at fixed rates. In all these portfolios, the Bank is exposed to exchange rate variations, which it mitigates by contracting Cross Currency Swaps or Fx Forward.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banco Santander (Brasil) S.A. has, on the one hand, fair value hedges to protect both assets and liabilities from fluctuations in market rates. The market risk coverage management methodology adopted by the Bank segregates transactions by risk factor (BRL/USD exchange rate risk, pre-set interest rate risk in BRL, USD interest rate risk, inflation….). The entity manages this risk by contracting derivatives (Interest Rate Swaps or Interest Rate Futures) to hedge assets or liabilities at a fixed rate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Brasil has corporate loans in different currencies than the local one and is therefore exposed to changes in fair value due to exchange rates. This risk is mitigated by contracting Cross Currency Swaps or futures.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">It also holds a portfolio of long-term corporate bonds with inflation-indexed rates, thus exposed to changes in market value due to changes in market inflation rates. In order to achieve its mitigation, they contract futures in which they pay the indexed inflation and receive variable interest rates. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the hedge of cash flows, Banco Santander (Brasil) S.A. has portfolios of loans and government bonds in different currency than the entity's functional currency and, therefore, it is subject to the risk of changes in currency rates. This exposure will be mitigated by hiring Cross Currency Swaps and futures.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, they have a portfolio of variable rate government bonds, so they are exposed to changes in the value due to changes in interest rates. In order to mitigate these changes, a future is hired in which a variable rate is paid and a fixed rate is received. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, Banco Santander Chile uses fair value hedges with cross currency swaps, interest rate swaps and call money swaps to hedge its exposure to changes in the fair value of the hedged item attributable to interest rates. The aforementioned hedging instruments modify the effective cost of long-term issues, from a fixed interest rate to a variable interest rate. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, it also makes cash flow hedges in which it uses cross currency swaps to cover the risk of variability of flows attributable to changes in the interest rate of bonds and interbank loans issued at variable rates, as well as to cover the variation of foreign currency, mainly in United States dollars. To hedge the inflation risk present in certain items, it uses both forwards and cross currency swaps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At Santander Bank National Association, Interest Rate Swaps are used to leave commercial loans at a fixed rate at a variable rate in USD indexed to 1-month Libor or SOFR, under cash flow hedges.</span></div></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding the hedged items, the products that are being hedged are mainly: borrowed deposits, financial deposits, loans, government bonds as assets and financial bonds as liabilities. The following table shows the detail of the type of hedging, the risk that is hedged and which products are being hedged at 31 December 2022, 2021 and 2020: </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:16.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.720%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:11pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr style="height:33pt"><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Carrying amount of hedged items</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Accumulated amount of fair value adjustments on the hedged item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balance sheet line item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Change in fair value of hedged item for ineffectiveness assessment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow reserves or conversion reserves</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Continuing hedges</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Discontinued hedges</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">126,665</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">59,837</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(5,487)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,581)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Loans and advances / Deposits and Debt securities / Debt securities issued</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,232)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">121,605 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">53,239 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5,069)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(3,428)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,397)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,792 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,040 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(284)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,126 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(153)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(826)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">142 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">475</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,353)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(225)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,458 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,973)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(75)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,764)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(88)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(309)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(258)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,467 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(6,750)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">22,614 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,467 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6,750)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">149,279</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">59,837</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(5,487)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,581)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(290)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(10,103)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(225)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:16.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.016%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:11pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr style="height:33pt"><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Carrying amount of hedged items</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Accumulated amount of fair value adjustments on the hedged item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balance sheet line item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Change in fair value of hedged item for ineffectiveness assessment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow reserves or conversion reserves</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Continuing hedges</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Discontinued hedges</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">193,949</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">51,395</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">462</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">453</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Loans and advances / Deposits and Debt securities / Debt securities issued</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(1,061)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">125,479 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">47,347 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">727 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(543)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">64,531 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(282)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(343)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,714 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,048 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">87 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(173)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">46 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">179 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,639</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(414)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(148)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">494 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(540)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(52)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">115 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">81 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">778 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">330 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">249 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(289)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,159</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(4,283)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,594 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,159 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4,283)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">219,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">51,395</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">462</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">453</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,737</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(4,697)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(148)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:16.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.017%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:11pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr style="height:33pt"><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Carrying amount of hedged items</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Accumulated amount of fair value adjustments on the hedged item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balance sheet line item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Change in fair value of hedged item for ineffectiveness assessment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow reserves or conversion reserves</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Continuing hedges</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Discontinued hedges</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">141,608</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">52,055</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,369</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2,914</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Loans and advances / Deposits and Debt securities / Debt securities issued</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">553</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">128,279 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48,137 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,183 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,727 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">469 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8,718 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,391 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,918 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">143 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">220 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(286)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">409</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(69)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(98)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(741)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">680 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">121 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(111)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(2,340)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">22,210 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,340)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(3,124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">163,818</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">52,055</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,369</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2,914</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(2,073)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(2,715)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The cumulative amount of adjustments of the fair value hedging instruments that remain in the balance for hedges items that are no longer adjusted by profit and loss of coverage as at 31 December 2022 is EUR 756 million losses (EUR 460 million and EUR 729 million profit in 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The net impact of the hedges are shown in the following table:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:25.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.347%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="15" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr style="height:38pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Earnings/(losses) recognised in another cumulative overall result</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Ineffective recognised in the income statement</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes the ineffectiveness of cash flows</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reclassified amount of reserves to the income statement due to:</span></td></tr><tr style="height:39pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cover transaction affecting the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes reclassified items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">119</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">155 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt 0 7pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 7pt 0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3,016)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(45)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest margin/Gains or losses financial assets/liabilities</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,458)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(370)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(178)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(638)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">587 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">258 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,093)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,483)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:25.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.347%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="15" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr style="height:38pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Earnings/(losses) recognised in another cumulative overall result</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Ineffective coverage recognised in the income statement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes the ineffectiveness of cash flows</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reclassified amount of reserves to the income statement due to:</span></td></tr><tr style="height:39pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cover transaction affecting the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes reclassified items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">18</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(938)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(64)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(801)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest margin/Gains or losses financial assets/liabilities</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(491)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">269 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">155 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(262)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(350)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(35)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(350)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(249)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(458)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments hedges<br/>hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,097)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(46)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(801)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:27.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.346%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="15" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr style="height:38pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Earnings/(losses) recognised in another cumulative overall result</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Ineffective coverage recognised in the income statement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes the ineffectiveness of cash flows</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reclassified amount of reserves to the income statement due to:</span></td></tr><tr style="height:38pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cover transaction affecting the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes reclassified items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">104</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Risk of Exchange rate</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Risk of interest rate and exchange rate</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(53)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(53)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest margin/Gains or losses financial assets/liabilities</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(180)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(62)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">844 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments<br/>hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,287</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">51</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the movement in the impact of equity for the year:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:62.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.938%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 8.09pt 0 1pt;text-indent:-7.09pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at beginning of year</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(4,559)</span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,829)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,164)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,458)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(491)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">69</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Amounts transferred to income statements</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">370 </span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(269)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(118)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Gain or loss in value CFE - recognized in equity</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,828)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(222)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(178)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">155</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(180)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Amounts transferred to income statements</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,130)</span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">262 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">131 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Gain or loss in value CFE - recognized in equity</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,952 </span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(107)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(311)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(638)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(350)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">170</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Amounts transferred to income statements</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(587)</span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">350 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(844)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Gain or loss in value CFE - recognized in equity</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(51)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(700)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,014 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">258</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(249)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Amounts transferred to income statements</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,093 </span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">458 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(21)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Gain or loss in value CFE - recognized in equity</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(835)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(707)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(100)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Amounts transferred to income statements</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Gain or loss in value CFE - recognized in equity</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="3" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Amounts transferred to income statements</span></td><td colspan="2" style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="background-color:#deedf2;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Gain or loss in value CFE - recognized in equity</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,467)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Minorities</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(57)</span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Taxes</span></td><td colspan="2" style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">912 </span></td><td style="background-color:#deedf2;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">278 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="2" style="background-color:#deedf2;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9,187)</span></td><td style="background-color:#deedf2;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(4,559)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,829)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Detailed Information About Hedges Explanatory DisclosureOfDetailedInformationAboutHedgesExplanatory	The percentage of the nominal amount of derivatives affected with a maturity date after the transition date of the reform represents 6.83% of the total hedging derivatives:<div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:70.813%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.987%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">USD LIBOR</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total hedging instruments affected</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,001 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,907 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,094 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,740 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,454 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,278 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-transition date agreement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,879 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,094 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,573 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,295 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,278 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As for the hedged items directly affected by the uncertainties related to the IBOR reforms, their nominal amount is shown below, which represents 2.17% of the total notional amount hedged:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:70.813%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.987%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">USD LIBOR</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total hedge items directly affected</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,357 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,349 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,558</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Post-transition date agreement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,403</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div>
CY2022	ifrs-full	Disclosure Of Detailed Information About Hedging Instruments Explanatory DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following tables contains the detail of the hedging derivatives according to the type of hedging, the hedge risk and the main products used as of 31 December 2022, 2021 and 2020:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:31.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.644%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million </span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal value</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in fair value used for calculating hedge ineffectiveness</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet line items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">214,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,095</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,630</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,351</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">190,513</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,405</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,554</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">87,477 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,950 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(716)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88,059 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,367 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">623 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,468 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,492</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">147</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(9)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,745 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">147 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(36)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">747 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,412</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">366</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">805</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">905 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">80 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(79)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,679 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">261 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">922 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,522 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">266 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">286 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(61)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">CDS</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149,756</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,730</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,767</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(520)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">81,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">137</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,325</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,461)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">55,886 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">59 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,494 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,439)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,784 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(184)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,151)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,973</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,358</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,760</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,754 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">267 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">172 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">773 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,005 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">455 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">982 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,175</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,046</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">292</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(80)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,361 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">161 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(333)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,814 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,046 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">131 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">249 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,924</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">180</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,403</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">261</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,096 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">179 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,364 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">241 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Option</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">58 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">244</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,614 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">244 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">831 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">386,843</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,069</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,228</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">364</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.652%"><tr><td style="width:1.0%"/><td style="width:29.960%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.839%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.839%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.839%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.960%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.963%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal value</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in fair value used for calculating hedge ineffectiveness</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet line items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">206,957</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,656</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,079</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,227</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,778</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">591</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">66,904 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,668 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">920 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(377)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97,321 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">734 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">714 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">423</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">287</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,909 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,329 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">265 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,326</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">200</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,397 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">281 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">443 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">192 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,650 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160,397</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,034</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,157</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,703)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">99,648</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">420</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(526)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,652 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,471 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">70 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">155 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(212)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,846 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(409)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,343</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">396</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">657</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(112)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,381 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">280 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15,004 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">606 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(133)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,609</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,425</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">400</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(815)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,604 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(112)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,005 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,330 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">393 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(702)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">679</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(247)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,503 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">678 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(232)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt 0 7.75pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">650</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">650</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,594 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">199 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">650 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt 0 7.75pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">392,948</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,761</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,783)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:29.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.718%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="border-top:0.5pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Nominal value</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Changes in fair value used for calculating hedge ineffectiveness</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet line items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,671</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(451)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,582</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,850</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(456)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94,713 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,985 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,747 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,740 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">886 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(486)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,037</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">293</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,422 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">210 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">47 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,434</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">378</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">771</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,704 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">370 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">757 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">207</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">139,156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,436</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,739</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">235</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74,731</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">478</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">522</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">78</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Futures</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,492 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">322 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(208)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46,547 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">237 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">108 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">135 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,123 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">204 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">145 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,483</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">555</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">802</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(401)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,151 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">265 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">195 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,425 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">283 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">600 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(103)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,362</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">275</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">679</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,218 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">262 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">129 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,682 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,100 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">264 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">550 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,907</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">36</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">140</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(129)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,206 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">136 </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(132)</span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #7ea8be;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #7ea8be;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt 0 18.25pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">690</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">690</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedging derivatives</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,210 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">690 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">459 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt 0 18.25pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">360,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,325</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,869</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,124</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table>
CY2022Q4	ifrs-full	Notional Amount NotionalAmount	386843000000	eur
CY2022Q4	ifrs-full	Hedging Instrument Assets HedgingInstrumentAssets	8069000000	eur
CY2022Q4	ifrs-full	Hedging Instrument Liabilities HedgingInstrumentLiabilities	9228000000	eur
CY2022	ifrs-full	Gain Loss On Change In Fair Value Of Hedging Instrument Used As Basis For Recognising Hedge Ineffectiveness GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness	364000000	eur
CY2021Q4	ifrs-full	Notional Amount NotionalAmount	392948000000	eur
CY2021Q4	ifrs-full	Hedging Instrument Assets HedgingInstrumentAssets	4761000000	eur
CY2021Q4	ifrs-full	Hedging Instrument Liabilities HedgingInstrumentLiabilities	5463000000	eur
CY2021	ifrs-full	Gain Loss On Change In Fair Value Of Hedging Instrument Used As Basis For Recognising Hedge Ineffectiveness GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness	-1783000000	eur
CY2020Q4	ifrs-full	Notional Amount NotionalAmount	360626000000	eur
CY2020Q4	ifrs-full	Hedging Instrument Assets HedgingInstrumentAssets	8325000000	eur
CY2020Q4	ifrs-full	Hedging Instrument Liabilities HedgingInstrumentLiabilities	6869000000	eur
CY2020	ifrs-full	Gain Loss On Change In Fair Value Of Hedging Instrument Used As Basis For Recognising Hedge Ineffectiveness GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness	2124000000	eur
CY2022Q4	san	Macro Cash Flows Hedge Hedged Position MacroCashFlowsHedgeHedgedPosition	28200000000	eur
CY2022	ifrs-full	Disclosure Of Information About Terms And Conditions Of Hedging Instruments And How They Affect Future Cash Flows Explanatory DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table sets out the maturity profile of the hedging instruments used in Grupo Santander non-dynamic hedging strategies:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> </span></div></td><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,588</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,811</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37,723</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">136,223</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,128</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">214,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">120,829</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,668</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">190,513</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,535 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,854 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56,868 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,215 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">87,477 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,039 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,511 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">54,786 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">88,059 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">556</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,448</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,492</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">556 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">741 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,448 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,745 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">747 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">747 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">912</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,193</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,356</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,713</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,412</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">405 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">192 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">308 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">905 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest Future rate </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">238 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,396 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,522 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">CDS</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,202</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">41,514</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">75,653</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,205</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149,756</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,546</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,424</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,568</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">36,501</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">81,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,027 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,292 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,877 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">28,103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,568 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">55,886 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,175 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,196 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,728 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,214 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,784 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,777</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,940</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,973</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,996 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,487 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,289 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,754 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,313 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,470 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,028 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,385 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,982</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,208</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,175</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,468 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">234 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,361 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">509 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,323 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,826 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">974 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,814 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">677</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,974</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,505</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,870</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,898</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,924</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,895 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,869 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,898 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,096 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">48</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Option</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations:</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,393</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,972</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,249</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,393</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,972</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,249 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,393 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,972 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,614 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,019</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,406</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">94,209</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">211,876</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,333</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">386,843</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> </span></div></td><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,546</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,786</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,119</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114,828</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,678</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">206,957</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,324</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103,216</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,785</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176,176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">267 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">42,398 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">66,904 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,527 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,588 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">56,120 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,370 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">97,321 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">598</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,712</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,013</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,550</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,365</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,238</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">598 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,712 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,013 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">586 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,909 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,964 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,365 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,329 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">624</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">77</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,898</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,528</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,326</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">624 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">198 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,437 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,066 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,397 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,232 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">418 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,650 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">173</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">17,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,208</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">102,833</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,223</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">160,397</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,047</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,061</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,875</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">68,867</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,798</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">99,648</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,097 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">244 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,652 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,336 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">310 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,759 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">58,930 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">136 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,471 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">751 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">858 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,920 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">16,846 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,438</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,348</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,195</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,506</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,856</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,343</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,406 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,309 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,947 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,719 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,032 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,248 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,885 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,800 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">15,004 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">860</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,924</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,165</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,324</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,609</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,505 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,099 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,604 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">336 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,924 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,660 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">329</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,246</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,240</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,245 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,240 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations:</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,346</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,235</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,916</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,346</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,235</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,916</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,097 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,346 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,235 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,916 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25,594 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,317</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">78,813</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">220,577</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,901</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">392,948</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months<br/>to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year<br/>to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,132</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,221</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,897</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">95,343</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,616</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,667</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">39,921</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">90,913</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">35,465</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,582</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,943 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">24,807 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">33,333 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">27,826 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">94,713 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,021 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,662 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,241 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">49,624 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,192 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">69,740 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,264</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,037</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Fx forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">901 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,264 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,257 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">282</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,711</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,202</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,434</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">282 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,711 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,607 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,104 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,704 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">191</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">207</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,489</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,629</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,127</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">61,186</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,725</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">139,156</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,019</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,070</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">26,959</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,976</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74,731</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Futures</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,626 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">29,511 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,219 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">385 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46,547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Call money swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,550 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,181 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,616</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,071</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,714</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,483</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Future interest rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,532 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,040 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,336 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">214 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">93 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,576 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9,828 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,714 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,425 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,691</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">972</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,634</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,687</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,037</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,021</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">816 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">981 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,402 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,019 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,218 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">875 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">972 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,018 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19,682 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,033</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,456</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,997</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,907</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Currency swap</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">181 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,997 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,206 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,435</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,086</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,858</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,435</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,086</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,858</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">FX forward</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,435 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,086 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,831 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,858 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">22,210 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,056</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,936</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">101,855</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">158,387</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">49,392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">360,626</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;text-decoration:underline">Banco Santander, S.A.</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,032 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,248 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,348 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,552 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.569 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.406)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.278 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.396 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.674 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.530 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.650 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.327 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.892 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.835 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.181 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.374 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.610 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">899 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,064 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.877</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.040</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.992</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CNY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.172</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.252</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.159</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.587</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.529</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,101 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,767 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">988 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,806 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.800 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.824 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.520 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) HKD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.580</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.568 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.442 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.360 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.010 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.762 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NZD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/MXN</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.452 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13.614 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.150 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/CLP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.450 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.545</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.407</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.677</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.162</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.945</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average HKD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.851</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">133.840</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130.227</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118.180</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.492</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.685</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.746</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.842</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.927</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.092</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.105</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/CLP exchange rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.001</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NZD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.666</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/MXN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.051</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Credit risk instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Interest rate and foreign exchange rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,235 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/PEN</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.398 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.207 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.305 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.084</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.173</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.604</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.562</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.885</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120.568</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.242</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26.131</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/PEN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.252</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/AUD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.654</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Bond Forward instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,453 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.431)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.404)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.348)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.010)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Bond Forward instruments </span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">700 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.322 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average exchange rate GBP/EUR</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.156</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.153</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.142</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,020 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,711 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,839 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average BRL/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.554</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.797</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.866</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CLP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">953.549</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">955.790</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">944.113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,935.121</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.869</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.873</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.876</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.130</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.968</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22.156</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.158</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average PLN/EUR exchange rate</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.832</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.837</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.991</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,822 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,038 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21,507 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,031 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">36,412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.750 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.859 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.989 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.031)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.212 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.532 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.828 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.746 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.459 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.737 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.374 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.200 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,634 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10,350 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">586 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">13,073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.882</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.865</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.876</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.187</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.172</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.180</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CNY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.859</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.717</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.412</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average PEN/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.003</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132.688</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">130.741</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,255 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,812 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.661 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.849 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) HKD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.580 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.144 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.605 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.760 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5.140 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9.470 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.789 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.153 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) COP/USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.140)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/CLP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.450 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.529</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.506</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.176</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/COP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.891</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average HKD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.782</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">132.966</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">126.605</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14.696</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9.606</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.815</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.927</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.092</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.105</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/COP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/CLP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.001</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NZD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.666</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/MXN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.050</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">34</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">120</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">173</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">9</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,848 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">408 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,434 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/PEN</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.441</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.632</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.305</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.882</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.604</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.562</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.885</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">120.568</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">10.242</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26.131</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/PEN exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.208</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/AUD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.624</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Bond Forward instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,191 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">38,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">47,784 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.465)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.258)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.765</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.650</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,778 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,848 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,815 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,916 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,357 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average BRL/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.663</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.7576 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.8411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CLP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">943.354</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">929.690</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">949.615</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,538.997</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.854</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.857</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.855</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.875</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.541</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.335</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.192</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average PLN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.592</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.582</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.634</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.167</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.233</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">409 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,165 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17,430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">14,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">36,371 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) GBP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.375 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.072 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.647 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.551 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.388 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.820 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.927 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.800 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.698 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.031 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.004 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.562 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Average fixed interest rate (%) RON</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.610</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreign exchange risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">833 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,149 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,008 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,990 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.901</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.916</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.165</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.171</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.178</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,628.140</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,603.595</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CNY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.108</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.997</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average SAR/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.484</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.514</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">282 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">818 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,621 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,083 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) AUD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CZK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.860 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.380 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) RON/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.849 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) HKD/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.580 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) JPY/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2.195 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.568 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.281 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) NOK/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3.605 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) CHF/EUR</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.243 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/COP</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.030 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7.231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) COP/USD</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.000</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) USD/CLP</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.930</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.499</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.508</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,437.200</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CZK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25.539</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.113</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.891</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average HKD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8.782</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">113.370</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">133.840</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">125.883</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.124%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Up to one month</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One to three months</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Three months to one year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">One year to five years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than five<br/>years</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.696</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average NOK/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.606</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.727</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.092</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.105</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/CLP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.001</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average USD/MXN exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.050</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Credit risk instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">191 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">207 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate and foreign exchange rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,247 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,242 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">208 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,697 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/GBP exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.080</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average EUR/USD exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.882</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average AUD/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.625</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average RON/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.810</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average JPY/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">120.568</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CHF/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1.102</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Bond Forward instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,164 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,000 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,279 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">35,443 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average fixed interest rate (%) EUR</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.258)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.250)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(0.236)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Hedges of net investments in foreign operations</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Exchange and interest rate instruments</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Nominal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">11,570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,858 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">20,211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average BRL/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5.270</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5.308</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">6.332</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average CLP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">869.633</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">861.546</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">864.339</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">932.215</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average COP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.471</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average GBP/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.909</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.916</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">0.907</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average MXN/EUR exchange rate</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23.121</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25.456</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26.788</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Average PLN/EUR exchange rate</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.427</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.420</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4.516</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table>
CY2022Q4	ifrs-full	Notional Amount NotionalAmount	386843000000	eur
CY2020	san	Gain Loss On Hedging Instrument Recognised In Other Comprehensive Income GainLossOnHedgingInstrumentRecognisedInOtherComprehensiveIncome	2287000000	eur
CY2021Q4	ifrs-full	Notional Amount NotionalAmount	392948000000	eur
CY2020Q4	ifrs-full	Notional Amount NotionalAmount	360626000000	eur
CY2022	ifrs-full	Disclosure Of Detailed Information About Hedged Items Explanatory DisclosureOfDetailedInformationAboutHedgedItemsExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding the hedged items, the products that are being hedged are mainly: borrowed deposits, financial deposits, loans, government bonds as assets and financial bonds as liabilities. The following table shows the detail of the type of hedging, the risk that is hedged and which products are being hedged at 31 December 2022, 2021 and 2020: </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:16.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.720%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:11pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr style="height:33pt"><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Carrying amount of hedged items</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Accumulated amount of fair value adjustments on the hedged item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balance sheet line item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Change in fair value of hedged item for ineffectiveness assessment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow reserves or conversion reserves</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Continuing hedges</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Discontinued hedges</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">126,665</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">59,837</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(5,487)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,581)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Loans and advances / Deposits and Debt securities / Debt securities issued</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,232)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">121,605 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">53,239 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(5,069)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(3,428)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,397)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,792 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,040 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(284)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,126 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(153)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(826)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">142 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">475</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,353)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(225)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,458 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,973)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(75)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1,764)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(88)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">39 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(309)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(258)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(149)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">22,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,467 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(6,750)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">22,614 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,467 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(6,750)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">149,279</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">59,837</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(5,487)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,581)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(290)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(10,103)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(225)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:16.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.016%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:11pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr style="height:33pt"><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Carrying amount of hedged items</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Accumulated amount of fair value adjustments on the hedged item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balance sheet line item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Change in fair value of hedged item for ineffectiveness assessment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow reserves or conversion reserves</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Continuing hedges</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Discontinued hedges</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">193,949</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">51,395</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">462</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">453</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Loans and advances / Deposits and Debt securities / Debt securities issued</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(1,061)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">125,479 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">47,347 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">727 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(543)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">64,531 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(282)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(343)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,714 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,048 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">87 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(173)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">46 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">179 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,639</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(414)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(148)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">494 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(540)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(52)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">115 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">81 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">778 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">330 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">249 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(289)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(104)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">25,594</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,159</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(4,283)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">25,594 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,159 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4,283)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">219,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">51,395</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">462</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">453</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,737</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(4,697)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(148)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:16.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.011%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.017%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="27" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:11pt"><td colspan="27" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr style="height:33pt"><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Carrying amount of hedged items</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Accumulated amount of fair value adjustments on the hedged item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Balance sheet line item</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Change in fair value of hedged item for ineffectiveness assessment</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow reserves or conversion reserves</span></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Continuing hedges</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Discontinued hedges</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">141,608</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">52,055</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,369</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2,914</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Loans and advances / Deposits and Debt securities / Debt securities issued</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">553</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">128,279 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48,137 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,183 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,727 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">469 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8,718 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,391 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,918 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">143 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(4)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">220 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(286)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">409</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(69)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(98)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(68)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Interest and Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(741)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">680 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">121 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(111)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(9)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">22,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(2,340)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(3,124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">22,210 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(2,340)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">(3,124)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">163,818</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">52,055</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,369</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">2,914</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(2,073)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(2,715)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(33)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022Q4	ifrs-full	Hedged Item Assets HedgedItemAssets	149279000000	eur
CY2022Q4	ifrs-full	Hedged Item Liabilities HedgedItemLiabilities	59837000000	eur
CY2022Q4	san	Accumulated Fair Value Hedge Adjustment On Hedged Item Recognised As Asset Macro And Micro Hedges AccumulatedFairValueHedgeAdjustmentOnHedgedItemRecognisedAsAssetMacroAndMicroHedges	-5487000000	eur
CY2022Q4	san	Accumulated Fair Value Hedge Adjustment On Hedged Item Recognised As Liability Macro And Micro AccumulatedFairValueHedgeAdjustmentOnHedgedItemRecognisedAsLiabilityMacroAndMicro	-3581000000	eur
CY2022	ifrs-full	Gain Loss On Change In Fair Value Of Hedged Item Used As Basis For Recognising Hedge Ineffectiveness GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness	-290000000	eur
CY2022Q4	san	Cash Flow Reserves Or Conversion Reserves Continuing Hedges CashFlowReservesOrConversionReservesContinuingHedges	-10103000000	eur
CY2022Q4	san	Cash Flow Reserves Or Conversion Reserves Discontinued Hedges CashFlowReservesOrConversionReservesDiscontinuedHedges	-225000000	eur
CY2021Q4	ifrs-full	Hedged Item Assets HedgedItemAssets	219543000000	eur
CY2021Q4	ifrs-full	Hedged Item Liabilities HedgedItemLiabilities	51395000000	eur
CY2021Q4	san	Accumulated Fair Value Hedge Adjustment On Hedged Item Recognised As Asset Macro And Micro Hedges AccumulatedFairValueHedgeAdjustmentOnHedgedItemRecognisedAsAssetMacroAndMicroHedges	462000000	eur
CY2021Q4	san	Accumulated Fair Value Hedge Adjustment On Hedged Item Recognised As Liability Macro And Micro AccumulatedFairValueHedgeAdjustmentOnHedgedItemRecognisedAsLiabilityMacroAndMicro	453000000	eur
CY2021	ifrs-full	Gain Loss On Change In Fair Value Of Hedged Item Used As Basis For Recognising Hedge Ineffectiveness GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness	1737000000	eur
CY2021Q4	san	Cash Flow Reserves Or Conversion Reserves Continuing Hedges CashFlowReservesOrConversionReservesContinuingHedges	-4697000000	eur
CY2021Q4	san	Cash Flow Reserves Or Conversion Reserves Discontinued Hedges CashFlowReservesOrConversionReservesDiscontinuedHedges	-148000000	eur
CY2020Q4	ifrs-full	Hedged Item Assets HedgedItemAssets	163818000000	eur
CY2020Q4	ifrs-full	Hedged Item Liabilities HedgedItemLiabilities	52055000000	eur
CY2020Q4	san	Accumulated Fair Value Hedge Adjustment On Hedged Item Recognised As Asset Macro And Micro Hedges AccumulatedFairValueHedgeAdjustmentOnHedgedItemRecognisedAsAssetMacroAndMicroHedges	3369000000	eur
CY2020Q4	san	Accumulated Fair Value Hedge Adjustment On Hedged Item Recognised As Liability Macro And Micro AccumulatedFairValueHedgeAdjustmentOnHedgedItemRecognisedAsLiabilityMacroAndMicro	2914000000	eur
CY2020	ifrs-full	Gain Loss On Change In Fair Value Of Hedged Item Used As Basis For Recognising Hedge Ineffectiveness GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness	-2073000000	eur
CY2020Q4	san	Cash Flow Reserves Or Conversion Reserves Continuing Hedges CashFlowReservesOrConversionReservesContinuingHedges	-2715000000	eur
CY2020Q4	san	Cash Flow Reserves Or Conversion Reserves Discontinued Hedges CashFlowReservesOrConversionReservesDiscontinuedHedges	-33000000	eur
CY2022Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment Remaining In Statement Of Financial Position For Hedged Item That Ceased To Be Adjusted For Hedging Gains And Losses Assets AccumulatedFairValueHedgeAdjustmentRemainingInStatementOfFinancialPositionForHedgedItemThatCeasedToBeAdjustedForHedgingGainsAndLossesAssets	756000000	eur
CY2021Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment Remaining In Statement Of Financial Position For Hedged Item That Ceased To Be Adjusted For Hedging Gains And Losses Assets AccumulatedFairValueHedgeAdjustmentRemainingInStatementOfFinancialPositionForHedgedItemThatCeasedToBeAdjustedForHedgingGainsAndLossesAssets	460000000	eur
CY2020Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment Remaining In Statement Of Financial Position For Hedged Item That Ceased To Be Adjusted For Hedging Gains And Losses Assets AccumulatedFairValueHedgeAdjustmentRemainingInStatementOfFinancialPositionForHedgedItemThatCeasedToBeAdjustedForHedgingGainsAndLossesAssets	729000000	eur
CY2022	ifrs-full	Disclosure Of Information About Amounts That Affected Statement Of Comprehensive Income As Result Of Hedge Accounting Explanatory DisclosureOfInformationAboutAmountsThatAffectedStatementOfComprehensiveIncomeAsResultOfHedgeAccountingExplanatory	The net impact of the hedges are shown in the following table:<div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:25.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.347%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="15" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2022</span></td></tr><tr style="height:38pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Earnings/(losses) recognised in another cumulative overall result</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Ineffective recognised in the income statement</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes the ineffectiveness of cash flows</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reclassified amount of reserves to the income statement due to:</span></td></tr><tr style="height:39pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cover transaction affecting the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes reclassified items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">119</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">155 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt 0 7pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 7pt 0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(3,016)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(45)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest margin/Gains or losses financial assets/liabilities</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,458)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(370)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(178)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,130 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(638)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">587 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">258 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,093)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,467)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(5,483)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:25.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.347%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="15" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2021</span></td></tr><tr style="height:38pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Earnings/(losses) recognised in another cumulative overall result</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Ineffective coverage recognised in the income statement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes the ineffectiveness of cash flows</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reclassified amount of reserves to the income statement due to:</span></td></tr><tr style="height:39pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cover transaction affecting the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes reclassified items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">18</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(55)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(938)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(64)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(801)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest margin/Gains or losses financial assets/liabilities</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(491)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">269 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">155 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(262)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(350)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(35)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(350)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(249)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(458)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 7pt 0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments hedges<br/>hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,097)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(46)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(801)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:27.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.346%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="border-bottom:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR million</span></td></tr><tr style="height:12pt"><td colspan="15" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31 December 2020</span></td></tr><tr style="height:38pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Earnings/(losses) recognised in another cumulative overall result</span></td><td colspan="3" rowspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Ineffective coverage recognised in the income statement</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes the ineffectiveness of cash flows</span></td><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reclassified amount of reserves to the income statement due to:</span></td></tr><tr style="height:38pt"><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cover transaction affecting the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Line of the income statement that includes reclassified items</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value hedges</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">104</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Risk of Exchange rate</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Risk of interest rate and exchange rate</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit risk</span></td><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#b6b6b6;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Cash flow hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(53)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(53)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest margin/Gains or losses financial assets/liabilities</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(180)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate and exchange rate risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">170 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(62)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">844 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Inflation risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(121)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity risk</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net foreign investments<br/>hedges</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,340</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gains or losses financial assets/liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate risk</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,287</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">51</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table>
CY2022	san	Gain Loss On Hedging Instrument Recognised In Other Comprehensive Income GainLossOnHedgingInstrumentRecognisedInOtherComprehensiveIncome	-5483000000	eur
CY2022	ifrs-full	Gain Loss On Hedge Ineffectiveness Recognised In Profit Or Loss GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss	74000000	eur
CY2022	san	Reclassification Adjustments Of Cover Transaction Affecting Profit Or Loss Before Tax ReclassificationAdjustmentsOfCoverTransactionAffectingProfitOrLossBeforeTax	-1254000000	eur
CY2021	san	Gain Loss On Hedging Instrument Recognised In Other Comprehensive Income GainLossOnHedgingInstrumentRecognisedInOtherComprehensiveIncome	-2097000000	eur
CY2021	ifrs-full	Gain Loss On Hedge Ineffectiveness Recognised In Profit Or Loss GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss	-46000000	eur
CY2021	san	Reclassification Adjustments Of Cover Transaction Affecting Profit Or Loss Before Tax ReclassificationAdjustmentsOfCoverTransactionAffectingProfitOrLossBeforeTax	801000000	eur
CY2020	ifrs-full	Gain Loss On Hedge Ineffectiveness Recognised In Profit Or Loss GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss	51000000	eur
CY2020	san	Reclassification Adjustments Of Cover Transaction Affecting Profit Or Loss Before Tax ReclassificationAdjustmentsOfCoverTransactionAffectingProfitOrLossBeforeTax	-852000000	eur
CY2021Q4	san	Reserve Of Hedging Instruments ReserveOfHedgingInstruments	-4559000000	eur
CY2020Q4	san	Reserve Of Hedging Instruments ReserveOfHedgingInstruments	-2829000000	eur
CY2019Q4	san	Reserve Of Hedging Instruments ReserveOfHedgingInstruments	-5164000000	eur
CY2022Q4	san	Reserve Of Hedging Instruments ReserveOfHedgingInstruments	-9187000000	eur
CY2021Q4	san	Reserve Of Hedging Instruments ReserveOfHedgingInstruments	-4559000000	eur
CY2020Q4	san	Reserve Of Hedging Instruments ReserveOfHedgingInstruments	-2829000000	eur
CY2022	ifrs-full	Disclosure Of Discontinued Operations Explanatory DisclosureOfDiscontinuedOperationsExplanatory	Discontinued operationsNo operations were discontinued in 2022, 2021 or 2020.
CY2022	ifrs-full	Disclosure Of Interest Income Explanatory DisclosureOfInterestIncomeExplanatory	Interest income<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Interest and similar income in the consolidated income statement comprises the interest accruing in the year on all financial assets with an implicit or explicit return, calculated by applying the effective interest method, irrespective of measurement at fair value; and the rectifications of income as a result of hedge accounting. Interest is recognised gross, without deducting any tax withheld at source.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of the main interest and similar income items earned in 2022, 2021 and 2020 is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances, central banks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,606 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">476 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">431 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances, credit institutions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,186 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">916 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">894 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,416 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,724 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,022 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances, customers</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,110 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,649 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other interest</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,112 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">698 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">606 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">71,430</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,463</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Most of the interest and similar income was generated by the Group’s financial assets that are measured either at amortised cost or at fair value through Other comprehensive income.</span></div>
CY2022	ifrs-full	Interest Income On Loans And Advances To Banks InterestIncomeOnLoansAndAdvancesToBanks	1606000000	eur
CY2021	ifrs-full	Interest Income On Loans And Advances To Banks InterestIncomeOnLoansAndAdvancesToBanks	476000000	eur
CY2020	ifrs-full	Interest Income On Loans And Advances To Banks InterestIncomeOnLoansAndAdvancesToBanks	431000000	eur
CY2022	san	Interest Income On Loans And Advances To Credit Institutions InterestIncomeOnLoansAndAdvancesToCreditInstitutions	2186000000	eur
CY2021	san	Interest Income On Loans And Advances To Credit Institutions InterestIncomeOnLoansAndAdvancesToCreditInstitutions	916000000	eur
CY2020	san	Interest Income On Loans And Advances To Credit Institutions InterestIncomeOnLoansAndAdvancesToCreditInstitutions	894000000	eur
CY2022	ifrs-full	Interest Income On Debt Instruments Held InterestIncomeOnDebtInstrumentsHeld	10416000000	eur
CY2021	ifrs-full	Interest Income On Debt Instruments Held InterestIncomeOnDebtInstrumentsHeld	5724000000	eur
CY2020	ifrs-full	Interest Income On Debt Instruments Held InterestIncomeOnDebtInstrumentsHeld	5022000000	eur
CY2022	ifrs-full	Interest Income On Loans And Advances To Customers InterestIncomeOnLoansAndAdvancesToCustomers	54110000000	eur
CY2021	ifrs-full	Interest Income On Loans And Advances To Customers InterestIncomeOnLoansAndAdvancesToCustomers	38649000000	eur
CY2020	ifrs-full	Interest Income On Loans And Advances To Customers InterestIncomeOnLoansAndAdvancesToCustomers	38788000000	eur
CY2022	san	Interest Income On Financial Assets Other Than Loans And Advances And Debt Instruments InterestIncomeOnFinancialAssetsOtherThanLoansAndAdvancesAndDebtInstruments	3112000000	eur
CY2021	san	Interest Income On Financial Assets Other Than Loans And Advances And Debt Instruments InterestIncomeOnFinancialAssetsOtherThanLoansAndAdvancesAndDebtInstruments	698000000	eur
CY2020	san	Interest Income On Financial Assets Other Than Loans And Advances And Debt Instruments InterestIncomeOnFinancialAssetsOtherThanLoansAndAdvancesAndDebtInstruments	606000000	eur
CY2022	ifrs-full	Revenue From Interest RevenueFromInterest	71430000000	eur
CY2021	ifrs-full	Revenue From Interest RevenueFromInterest	46463000000	eur
CY2020	ifrs-full	Revenue From Interest RevenueFromInterest	45741000000	eur
CY2022	ifrs-full	Disclosure Of Interest Expense Explanatory DisclosureOfInterestExpenseExplanatory	Interest expense<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Interest expense and similar charges in the consolidated income statement includes the interest accruing in the year on all financial liabilities with an implicit or explicit return, including remuneration in kind, calculated by applying the effective interest method, irrespective of measurement at fair value; the rectifications of cost as a result of hedge accounting; and the interest cost attributable to provisions recorded for pensions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of the main items of interest expense and similar charges accrued in 2022, 2021 and 2020 is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:58.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.480%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.481%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">706 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">338 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institution deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,784 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,140 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,652 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,994 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,452 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,599 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities issued and subordinated liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,464 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,838 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,119 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7,472 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,548 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Subordinated liabilities (note 23)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">992 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">648 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">571 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Provisions for pensions (note 25)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">91 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Lease Liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">186 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other interest expense</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,647 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">730 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">32,811</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,093</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,747</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Most of the interest expense and similar charges was generated by the Group’s financial liabilities that are measured at amortised cost.</span></div>
CY2022	ifrs-full	Interest Expense On Liabilities Due To Central Banks InterestExpenseOnLiabilitiesDueToCentralBanks	706000000	eur
CY2021	ifrs-full	Interest Expense On Liabilities Due To Central Banks InterestExpenseOnLiabilitiesDueToCentralBanks	338000000	eur
CY2020	ifrs-full	Interest Expense On Liabilities Due To Central Banks InterestExpenseOnLiabilitiesDueToCentralBanks	366000000	eur
CY2022	ifrs-full	Interest Expense On Deposits From Banks InterestExpenseOnDepositsFromBanks	2784000000	eur
CY2021	ifrs-full	Interest Expense On Deposits From Banks InterestExpenseOnDepositsFromBanks	1140000000	eur
CY2020	ifrs-full	Interest Expense On Deposits From Banks InterestExpenseOnDepositsFromBanks	1652000000	eur
CY2022	ifrs-full	Interest Expense On Deposits From Customers InterestExpenseOnDepositsFromCustomers	16994000000	eur
CY2021	ifrs-full	Interest Expense On Deposits From Customers InterestExpenseOnDepositsFromCustomers	5452000000	eur
CY2020	ifrs-full	Interest Expense On Deposits From Customers InterestExpenseOnDepositsFromCustomers	5599000000	eur
CY2022	ifrs-full	Interest Expense On Debt Instruments Issued InterestExpenseOnDebtInstrumentsIssued	8464000000	eur
CY2021	ifrs-full	Interest Expense On Debt Instruments Issued InterestExpenseOnDebtInstrumentsIssued	4838000000	eur
CY2020	ifrs-full	Interest Expense On Debt Instruments Issued InterestExpenseOnDebtInstrumentsIssued	5119000000	eur
CY2022	san	Interest Expense On Debt Instruments Issued Marketable Debt Securities InterestExpenseOnDebtInstrumentsIssuedMarketableDebtSecurities	7472000000	eur
CY2021	san	Interest Expense On Debt Instruments Issued Marketable Debt Securities InterestExpenseOnDebtInstrumentsIssuedMarketableDebtSecurities	4190000000	eur
CY2020	san	Interest Expense On Debt Instruments Issued Marketable Debt Securities InterestExpenseOnDebtInstrumentsIssuedMarketableDebtSecurities	4548000000	eur
CY2022	san	Interest Expense On Debt Instruments Issued Subordinated Liabilities InterestExpenseOnDebtInstrumentsIssuedSubordinatedLiabilities	992000000	eur
CY2021	san	Interest Expense On Debt Instruments Issued Subordinated Liabilities InterestExpenseOnDebtInstrumentsIssuedSubordinatedLiabilities	648000000	eur
CY2020	san	Interest Expense On Debt Instruments Issued Subordinated Liabilities InterestExpenseOnDebtInstrumentsIssuedSubordinatedLiabilities	571000000	eur
CY2022	san	Pension Interest Expense Charged To Provision PensionInterestExpenseChargedToProvision	100000000	eur
CY2021	san	Pension Interest Expense Charged To Provision PensionInterestExpenseChargedToProvision	91000000	eur
CY2020	san	Pension Interest Expense Charged To Provision PensionInterestExpenseChargedToProvision	95000000	eur
CY2022	ifrs-full	Interest Expense On Lease Liabilities InterestExpenseOnLeaseLiabilities	116000000	eur
CY2021	ifrs-full	Interest Expense On Lease Liabilities InterestExpenseOnLeaseLiabilities	125000000	eur
CY2020	san	Credit Related Fee And Commission Income Cheques And Other CreditRelatedFeeAndCommissionIncomeChequesAndOther	110000000	eur
CY2020	ifrs-full	Interest Expense On Lease Liabilities InterestExpenseOnLeaseLiabilities	186000000	eur
CY2022	ifrs-full	Interest Expense On Other Financial Liabilities InterestExpenseOnOtherFinancialLiabilities	3647000000	eur
CY2021	ifrs-full	Interest Expense On Other Financial Liabilities InterestExpenseOnOtherFinancialLiabilities	1109000000	eur
CY2020	ifrs-full	Interest Expense On Other Financial Liabilities InterestExpenseOnOtherFinancialLiabilities	730000000	eur
CY2022	ifrs-full	Interest Expense InterestExpense	32811000000	eur
CY2021	ifrs-full	Interest Expense InterestExpense	13093000000	eur
CY2020	ifrs-full	Interest Expense InterestExpense	13747000000	eur
CY2022	ifrs-full	Disclosure Of Dividends Explanatory DisclosureOfDividendsExplanatory	Dividend income<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Dividend income includes the dividends and payments on equity instruments out of profits generated by investees after the acquisition of the equity interest.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Income from dividends as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:53.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.023%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.025%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Dividend income classified as:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">369 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">272 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">87 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">488</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">513</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">391</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Revenue From Dividends RevenueFromDividends	488000000	eur
CY2021	ifrs-full	Revenue From Dividends RevenueFromDividends	513000000	eur
CY2020	ifrs-full	Revenue From Dividends RevenueFromDividends	391000000	eur
CY2022	san	Credit Related Fee And Commission Income Bills CreditRelatedFeeAndCommissionIncomeBills	245000000	eur
CY2021	san	Credit Related Fee And Commission Income Bills CreditRelatedFeeAndCommissionIncomeBills	214000000	eur
CY2020	san	Credit Related Fee And Commission Income Bills CreditRelatedFeeAndCommissionIncomeBills	265000000	eur
CY2022	san	Credit Related Fee And Commission Income Demand Accounts CreditRelatedFeeAndCommissionIncomeDemandAccounts	1526000000	eur
CY2021	san	Credit Related Fee And Commission Income Demand Accounts CreditRelatedFeeAndCommissionIncomeDemandAccounts	1408000000	eur
CY2020	san	Credit Related Fee And Commission Income Demand Accounts CreditRelatedFeeAndCommissionIncomeDemandAccounts	1284000000	eur
CY2022	san	Credit Related Fee And Commission Income Cards CreditRelatedFeeAndCommissionIncomeCards	4012000000	eur
CY2021	san	Credit Related Fee And Commission Income Cards CreditRelatedFeeAndCommissionIncomeCards	3138000000	eur
CY2020	san	Credit Related Fee And Commission Income Cards CreditRelatedFeeAndCommissionIncomeCards	2986000000	eur
CY2022	san	Credit Related Fee And Commission Income Orders CreditRelatedFeeAndCommissionIncomeOrders	625000000	eur
CY2021	san	Credit Related Fee And Commission Income Orders CreditRelatedFeeAndCommissionIncomeOrders	503000000	eur
CY2020	san	Credit Related Fee And Commission Income Orders CreditRelatedFeeAndCommissionIncomeOrders	484000000	eur
CY2022	san	Credit Related Fee And Commission Income Cheques And Other CreditRelatedFeeAndCommissionIncomeChequesAndOther	172000000	eur
CY2021	san	Credit Related Fee And Commission Income Cheques And Other CreditRelatedFeeAndCommissionIncomeChequesAndOther	139000000	eur
CY2022	ifrs-full	Creditrelated Fee And Commission Income CreditrelatedFeeAndCommissionIncome	6580000000	eur
CY2021	ifrs-full	Creditrelated Fee And Commission Income CreditrelatedFeeAndCommissionIncome	5402000000	eur
CY2020	ifrs-full	Creditrelated Fee And Commission Income CreditrelatedFeeAndCommissionIncome	5129000000	eur
CY2022	san	Portfolio And Other Management Fee Income Investment Funds PortfolioAndOtherManagementFeeIncomeInvestmentFunds	1017000000	eur
CY2021	san	Portfolio And Other Management Fee Income Investment Funds PortfolioAndOtherManagementFeeIncomeInvestmentFunds	992000000	eur
CY2020	san	Portfolio And Other Management Fee Income Investment Funds PortfolioAndOtherManagementFeeIncomeInvestmentFunds	888000000	eur
CY2022	san	Portfolio And Other Management Fee Income Pension Funds PortfolioAndOtherManagementFeeIncomePensionFunds	167000000	eur
CY2021	san	Portfolio And Other Management Fee Income Pension Funds PortfolioAndOtherManagementFeeIncomePensionFunds	161000000	eur
CY2020	san	Portfolio And Other Management Fee Income Pension Funds PortfolioAndOtherManagementFeeIncomePensionFunds	170000000	eur
CY2022	san	Portfolio And Other Management Fee Income Insurance PortfolioAndOtherManagementFeeIncomeInsurance	2743000000	eur
CY2021	san	Portfolio And Other Management Fee Income Insurance PortfolioAndOtherManagementFeeIncomeInsurance	2467000000	eur
CY2020	san	Portfolio And Other Management Fee Income Insurance PortfolioAndOtherManagementFeeIncomeInsurance	2289000000	eur
CY2022	ifrs-full	Portfolio And Other Management Fee Income PortfolioAndOtherManagementFeeIncome	3927000000	eur
CY2021	ifrs-full	Portfolio And Other Management Fee Income PortfolioAndOtherManagementFeeIncome	3620000000	eur
CY2020	ifrs-full	Portfolio And Other Management Fee Income PortfolioAndOtherManagementFeeIncome	3347000000	eur
CY2022	san	Brokerage Fee Income Securities Underwriting And Placement BrokerageFeeIncomeSecuritiesUnderwritingAndPlacement	438000000	eur
CY2021	san	Brokerage Fee Income Securities Underwriting And Placement BrokerageFeeIncomeSecuritiesUnderwritingAndPlacement	431000000	eur
CY2020	san	Brokerage Fee Income Securities Underwriting And Placement BrokerageFeeIncomeSecuritiesUnderwritingAndPlacement	394000000	eur
CY2022	san	Brokerage Fee Income Securities Trading BrokerageFeeIncomeSecuritiesTrading	339000000	eur
CY2021	san	Brokerage Fee Income Securities Trading BrokerageFeeIncomeSecuritiesTrading	319000000	eur
CY2020	san	Brokerage Fee Income Securities Trading BrokerageFeeIncomeSecuritiesTrading	316000000	eur
CY2022	san	Brokerage Fee Income Administration And Custody BrokerageFeeIncomeAdministrationAndCustody	321000000	eur
CY2021	san	Brokerage Fee Income Administration And Custody BrokerageFeeIncomeAdministrationAndCustody	402000000	eur
CY2020	san	Brokerage Fee Income Administration And Custody BrokerageFeeIncomeAdministrationAndCustody	336000000	eur
CY2022	san	Brokerage Fee Income Asset Management BrokerageFeeIncomeAssetManagement	446000000	eur
CY2021	san	Brokerage Fee Income Asset Management BrokerageFeeIncomeAssetManagement	369000000	eur
CY2020	san	Brokerage Fee Income Asset Management BrokerageFeeIncomeAssetManagement	316000000	eur
CY2022	ifrs-full	Brokerage Fee Income BrokerageFeeIncome	1544000000	eur
CY2021	ifrs-full	Brokerage Fee Income BrokerageFeeIncome	1521000000	eur
CY2020	ifrs-full	Brokerage Fee Income BrokerageFeeIncome	1362000000	eur
CY2022	san	Other Fee And Commission Income Foreign Exchange OtherFeeAndCommissionIncomeForeignExchange	822000000	eur
CY2021	san	Other Fee And Commission Income Foreign Exchange OtherFeeAndCommissionIncomeForeignExchange	522000000	eur
CY2020	san	Other Fee And Commission Income Foreign Exchange OtherFeeAndCommissionIncomeForeignExchange	500000000	eur
CY2022	san	Other Fee And Commission Income Financial Guarantees OtherFeeAndCommissionIncomeFinancialGuarantees	433000000	eur
CY2021	san	Other Fee And Commission Income Financial Guarantees OtherFeeAndCommissionIncomeFinancialGuarantees	415000000	eur
CY2020	san	Other Fee And Commission Income Financial Guarantees OtherFeeAndCommissionIncomeFinancialGuarantees	409000000	eur
CY2022	san	Other Fee And Commission Income Commitment Fees OtherFeeAndCommissionIncomeCommitmentFees	506000000	eur
CY2021	san	Other Fee And Commission Income Commitment Fees OtherFeeAndCommissionIncomeCommitmentFees	442000000	eur
CY2020	san	Other Fee And Commission Income Commitment Fees OtherFeeAndCommissionIncomeCommitmentFees	366000000	eur
CY2022	san	Other Fee And Commission Income Other Fees And Commissions OtherFeeAndCommissionIncomeOtherFeesAndCommissions	2055000000	eur
CY2021	san	Other Fee And Commission Income Other Fees And Commissions OtherFeeAndCommissionIncomeOtherFeesAndCommissions	1890000000	eur
CY2020	san	Other Fee And Commission Income Other Fees And Commissions OtherFeeAndCommissionIncomeOtherFeesAndCommissions	1911000000	eur
CY2022	ifrs-full	Other Fee And Commission Income OtherFeeAndCommissionIncome	3816000000	eur
CY2021	ifrs-full	Other Fee And Commission Income OtherFeeAndCommissionIncome	3269000000	eur
CY2020	ifrs-full	Other Fee And Commission Income OtherFeeAndCommissionIncome	3186000000	eur
CY2022	ifrs-full	Fee And Commission Income FeeAndCommissionIncome	15867000000	eur
CY2021	ifrs-full	Fee And Commission Income FeeAndCommissionIncome	13812000000	eur
CY2020	ifrs-full	Fee And Commission Income FeeAndCommissionIncome	13024000000	eur
CY2022	san	Assigned Third Party Commissions Expense AssignedThirdPartyCommissionsExpense	2554000000	eur
CY2021	san	Assigned Third Party Commissions Expense AssignedThirdPartyCommissionsExpense	1993000000	eur
CY2020	san	Assigned Third Party Commissions Expense AssignedThirdPartyCommissionsExpense	1856000000	eur
CY2022	san	Assigned Third Party Commissions Cards Expense AssignedThirdPartyCommissionsCardsExpense	1872000000	eur
CY2021	san	Assigned Third Party Commissions Cards Expense AssignedThirdPartyCommissionsCardsExpense	1355000000	eur
CY2020	san	Assigned Third Party Commissions Cards Expense AssignedThirdPartyCommissionsCardsExpense	1249000000	eur
CY2022	san	Assigned Third Party Commissions Collection Expense AssignedThirdPartyCommissionsCollectionExpense	18000000	eur
CY2021	san	Assigned Third Party Commissions Collection Expense AssignedThirdPartyCommissionsCollectionExpense	16000000	eur
CY2020	san	Assigned Third Party Commissions Collection Expense AssignedThirdPartyCommissionsCollectionExpense	12000000	eur
CY2022	san	Assigned Third Party Commissions Other Fees Expense AssignedThirdPartyCommissionsOtherFeesExpense	664000000	eur
CY2021	san	Assigned Third Party Commissions Other Fees Expense AssignedThirdPartyCommissionsOtherFeesExpense	622000000	eur
CY2020	san	Assigned Third Party Commissions Other Fees Expense AssignedThirdPartyCommissionsOtherFeesExpense	595000000	eur
CY2022	san	Other Commission And Brokerage Fees Expense OtherCommissionAndBrokerageFeesExpense	1523000000	eur
CY2021	san	Other Commission And Brokerage Fees Expense OtherCommissionAndBrokerageFeesExpense	1317000000	eur
CY2020	san	Other Commission And Brokerage Fees Expense OtherCommissionAndBrokerageFeesExpense	1153000000	eur
CY2022	ifrs-full	Brokerage Fee Expense BrokerageFeeExpense	77000000	eur
CY2021	ifrs-full	Brokerage Fee Expense BrokerageFeeExpense	60000000	eur
CY2020	ifrs-full	Brokerage Fee Expense BrokerageFeeExpense	26000000	eur
CY2022	san	Commissions On Sales Of Insurance And Pension Funds CommissionsOnSalesOfInsuranceAndPensionFunds	340000000	eur
CY2021	san	Commissions On Sales Of Insurance And Pension Funds CommissionsOnSalesOfInsuranceAndPensionFunds	341000000	eur
CY2020	san	Commissions On Sales Of Insurance And Pension Funds CommissionsOnSalesOfInsuranceAndPensionFunds	248000000	eur
CY2022	ifrs-full	Other Fee And Commission Expense OtherFeeAndCommissionExpense	1106000000	eur
CY2021	ifrs-full	Other Fee And Commission Expense OtherFeeAndCommissionExpense	916000000	eur
CY2020	ifrs-full	Other Fee And Commission Expense OtherFeeAndCommissionExpense	879000000	eur
CY2022	ifrs-full	Fee And Commission Expense FeeAndCommissionExpense	4077000000	eur
CY2021	ifrs-full	Fee And Commission Expense FeeAndCommissionExpense	3310000000	eur
CY2020	ifrs-full	Fee And Commission Expense FeeAndCommissionExpense	3009000000	eur
CY2022	ifrs-full	Disclosure Of Financial Instruments Explanatory DisclosureOfFinancialInstrumentsExplanatory	Gains or losses on financial assets and liabilities<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following information is presented below regarding the gains or losses recorded for financial assets or liabilities:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by origin, of Gains/losses on financial assets and liabilities:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains or losses on financial assets and liabilities not measured at fair value through profit or loss, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">149 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">628 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,107 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Financial assets at amortized cost</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> Other financial assets and liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">539 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which debt instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">122 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">567 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,179 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains or losses on financial assets and liabilities held for trading, net</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">842 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,141 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains or losses on non-trading financial assets and liabilities mandatory at fair value through profit or loss</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">162 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains or losses on financial assets and liabilities measured at fair value through profit or loss, net</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">968 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">270 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(171)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains or losses from hedge accounting, net</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(46)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,195</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,125</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Includes the net result obtained by transactions with debt securities, equity instruments, derivatives and short positions included in this portfolio when the Group jointly manages its risk in these instruments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As explained in note 44, the above breakdown should be analysed in conjunction with the 'Exchange differences, net':</span></div><div style="margin-bottom:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange differences, net</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(542)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(562)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,093)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Financial assets and liabilities at fair value through profit or loss</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of the amount of the asset balances is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:54.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.717%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and receivables:</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,962 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,812 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,589 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,595 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,608 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,481 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,175 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,549 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,139 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customers</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,192 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,655 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,079 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,223 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,573 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,777 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,119 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,849 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">67,002 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,292 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">67,137 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">170,820</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">138,446</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">168,148</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander mitigates and reduces this exposure as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">With respect to derivatives, the Group has entered into framework agreements with a large number of credit institutions and customers for the netting-off of asset positions and the provision of collateral for non-payment.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the exposure to credit risk of the derivatives presented in the balance sheet is not significant because they are subject to netting and collateral agreements (see note 2.f).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Loans and advances to credit institutions and Loans and advances includes reverse repos amounting to EUR 38,236 million at 31 December 2022.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Also, mortgage-backed assets totalled EUR 920 million.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Debt instruments include EUR 35,118 million of Spanish and foreign government securities.</span></div><div style="margin-bottom:9pt;padding-left:9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022 the amount of the change in the year in the fair value of financial assets at fair value through profit or loss attributable to variations in their credit risk (spread) was not material.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of the amount of the liability balances is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:51.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.643%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deposits</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78,299 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,946 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,598 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,497 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,645 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit institutions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,754 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,552 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,765 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,048 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,343 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,427 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,454 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,440 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Short positions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,515 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,236 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,698 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivatives</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,891 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,566 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,469 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">171,132</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">112,202</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">129,205</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, the amount of the change in the fair value of financial liabilities at fair value through profit or loss attributable to changes in their credit risk during the year is not material.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to liabilities designated at fair value through profit or loss where it has been determined at initial recognition that the credit risk is recorded in accumulated 'Other comprehensive income' (see 'Statement of recognised income and expense') the amount that the Group would be contractually obliged to pay on maturity of these liabilities at 31 December 2022 is EUR 1,044 million higher than their carrying amount (EUR 81 million lower at 31 December 2021 and EUR 119 million lower at 31 December 2020).</span></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Within Deposits, there are repurchase agreements amounting to EUR 27,780 million at 31 December 2022.</span></div>
CY2022	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossNet	149000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossNet	628000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossNet	1107000000	eur
CY2022	ifrs-full	Gains Losses On Financial Assets At Amortised Cost GainsLossesOnFinancialAssetsAtAmortisedCost	34000000	eur
CY2021	ifrs-full	Gains Losses On Financial Assets At Amortised Cost GainsLossesOnFinancialAssetsAtAmortisedCost	89000000	eur
CY2020	ifrs-full	Gains Losses On Financial Assets At Amortised Cost GainsLossesOnFinancialAssetsAtAmortisedCost	-31000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Other Than Those Measured At Amortised Cost Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossOtherThanThoseMeasuredAtAmortisedCostNet	115000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Other Than Those Measured At Amortised Cost Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossOtherThanThoseMeasuredAtAmortisedCostNet	539000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Other Than Those Measured At Amortised Cost Net GainsLossesOnFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLossOtherThanThoseMeasuredAtAmortisedCostNet	1138000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities Held For Trading GainsLossesOnFinancialAssetsAndLiabilitiesHeldForTrading	842000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities Held For Trading GainsLossesOnFinancialAssetsAndLiabilitiesHeldForTrading	1141000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities Held For Trading GainsLossesOnFinancialAssetsAndLiabilitiesHeldForTrading	3211000000	eur
CY2022	ifrs-full	Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	162000000	eur
CY2021	ifrs-full	Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	132000000	eur
CY2020	ifrs-full	Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	82000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss	968000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss	270000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss	-171000000	eur
CY2022	san	Gains Or Losses From Hedge Accounting Net GainsOrLossesFromHedgeAccountingNet	74000000	eur
CY2021	san	Gains Or Losses From Hedge Accounting Net GainsOrLossesFromHedgeAccountingNet	-46000000	eur
CY2020	san	Gains Or Losses From Hedge Accounting Net GainsOrLossesFromHedgeAccountingNet	51000000	eur
CY2022	san	Gains Losses On Financial Assets And Liabilities Net GainsLossesOnFinancialAssetsAndLiabilitiesNet	2195000000	eur
CY2021	san	Gains Losses On Financial Assets And Liabilities Net GainsLossesOnFinancialAssetsAndLiabilitiesNet	2125000000	eur
CY2020	san	Gains Losses On Financial Assets And Liabilities Net GainsLossesOnFinancialAssetsAndLiabilitiesNet	4280000000	eur
CY2022	ifrs-full	Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss	-542000000	eur
CY2021	ifrs-full	Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss	-562000000	eur
CY2020	ifrs-full	Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss	-2093000000	eur
CY2022Q4	san	Financial Assets At Fair Value Through Profit Or Loss And Non Trading Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossAndNonTradingFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	170820000000	eur
CY2021Q4	san	Financial Assets At Fair Value Through Profit Or Loss And Non Trading Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossAndNonTradingFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	138446000000	eur
CY2020Q4	san	Financial Assets At Fair Value Through Profit Or Loss And Non Trading Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossAndNonTradingFinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	168148000000	eur
CY2022Q4	san	Financial Liabilities At Fair Value Through Profit Or Loss And Financial Liabilities At Fair Value Through Profit Or Loss That Meet The Definition Of Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossAndFinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetTheDefinitionOfHeldForTrading	171132000000	eur
CY2021Q4	san	Financial Liabilities At Fair Value Through Profit Or Loss And Financial Liabilities At Fair Value Through Profit Or Loss That Meet The Definition Of Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossAndFinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetTheDefinitionOfHeldForTrading	112202000000	eur
CY2020Q4	san	Financial Liabilities At Fair Value Through Profit Or Loss And Financial Liabilities At Fair Value Through Profit Or Loss That Meet The Definition Of Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossAndFinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetTheDefinitionOfHeldForTrading	129205000000	eur
CY2022	ifrs-full	Gains Losses Recognised In Other Comprehensive Income On Financial Liabilities At Fair Value Through Profit Or Loss Designated Upon Initial Recognition Or Subsequently GainsLossesRecognisedInOtherComprehensiveIncomeOnFinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionOrSubsequently	1044000000	eur
CY2021	ifrs-full	Gains Losses Recognised In Other Comprehensive Income On Financial Liabilities At Fair Value Through Profit Or Loss Designated Upon Initial Recognition Or Subsequently GainsLossesRecognisedInOtherComprehensiveIncomeOnFinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionOrSubsequently	81000000	eur
CY2020	ifrs-full	Gains Losses Recognised In Other Comprehensive Income On Financial Liabilities At Fair Value Through Profit Or Loss Designated Upon Initial Recognition Or Subsequently GainsLossesRecognisedInOtherComprehensiveIncomeOnFinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionOrSubsequently	119000000	eur
CY2022	ifrs-full	Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory	Exchange differences, net<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exchange differences shows basically the gains or losses on currency dealings, the differences that arise on translations of monetary items in foreign currencies to the functional currency.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander manages the currencies to which it is exposed together with the arrangement of derivative instruments and, accordingly, the changes in this line item should be analysed together with those recognised under 'Gains/losses on financial assets and liabilities' (see note 43).</span></div>
CY2022	ifrs-full	Disclosure Of Other Operating Income Expense Explanatory DisclosureOfOtherOperatingIncomeExpenseExplanatory	Other operating income and expenses<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Other operating income and Other operating expenses in the consolidated income statements include:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:56.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.097%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.097%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.099%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Insurance activity</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">211</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Income from insurance and reinsurance contracts issued</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,698 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,516 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,452 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Insurance and reinsurance premium income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,543 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,381 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,349 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Reinsurance income (note 15)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">155 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">135 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Expenses of insurance and reinsurance contracts</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,540)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,305)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,242)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Claims paid, other insurance-related expenses and net provisions for insurance contract liabilities </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,309)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,097)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,063)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Reinsurance premiums paid</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(231)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(208)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(179)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other operating income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,510</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,255</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non- financial services</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">770 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">291 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">362 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">740 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,964 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other operating expense</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,803)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,442)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,342)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-financial services</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(661)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(283)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(350)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating expense:</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,142)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,159)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,992)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which, credit institutions deposit guarantee fund and single resolution fund</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,258)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,016)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(1,005)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,135)</span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(212)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Most of Banco Santander’s insurance activity is carried on in life insurance.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The amount of the Group recognises in relation to income from sub-leases of rights of use is not material.</span></div>
CY2022	san	Insurance Income Expense InsuranceIncomeExpense	158000000	eur
CY2021	san	Insurance Income Expense InsuranceIncomeExpense	211000000	eur
CY2020	san	Insurance Income Expense InsuranceIncomeExpense	210000000	eur
CY2022	san	Income From Assets Included In Profit Or Loss Under Insurance Contracts And Reinsurance Contracts Issued IncomeFromAssetsIncludedInProfitOrLossUnderInsuranceContractsAndReinsuranceContractsIssued	2698000000	eur
CY2021	san	Income From Assets Included In Profit Or Loss Under Insurance Contracts And Reinsurance Contracts Issued IncomeFromAssetsIncludedInProfitOrLossUnderInsuranceContractsAndReinsuranceContractsIssued	1516000000	eur
CY2020	san	Income From Assets Included In Profit Or Loss Under Insurance Contracts And Reinsurance Contracts Issued IncomeFromAssetsIncludedInProfitOrLossUnderInsuranceContractsAndReinsuranceContractsIssued	1452000000	eur
CY2022	san	Expense Included In Profit Or Loss Liabilities Under Insurance Contracts And Reinsurance Contracts ExpenseIncludedInProfitOrLossLiabilitiesUnderInsuranceContractsAndReinsuranceContracts	2540000000	eur
CY2021	san	Expense Included In Profit Or Loss Liabilities Under Insurance Contracts And Reinsurance Contracts ExpenseIncludedInProfitOrLossLiabilitiesUnderInsuranceContractsAndReinsuranceContracts	1305000000	eur
CY2020	san	Expense Included In Profit Or Loss Liabilities Under Insurance Contracts And Reinsurance Contracts ExpenseIncludedInProfitOrLossLiabilitiesUnderInsuranceContractsAndReinsuranceContracts	1242000000	eur
CY2022	san	Other Operating Income OtherOperatingIncome	1510000000	eur
CY2021	san	Other Operating Income OtherOperatingIncome	2255000000	eur
CY2020	san	Other Operating Income OtherOperatingIncome	1920000000	eur
CY2022	san	Non Financial Services Other Income Operating NonFinancialServicesOtherIncomeOperating	770000000	eur
CY2021	san	Non Financial Services Other Income Operating NonFinancialServicesOtherIncomeOperating	291000000	eur
CY2020	san	Non Financial Services Other Income Operating NonFinancialServicesOtherIncomeOperating	362000000	eur
CY2022	ifrs-full	Miscellaneous Other Operating Income MiscellaneousOtherOperatingIncome	740000000	eur
CY2021	ifrs-full	Miscellaneous Other Operating Income MiscellaneousOtherOperatingIncome	1964000000	eur
CY2020	ifrs-full	Miscellaneous Other Operating Income MiscellaneousOtherOperatingIncome	1558000000	eur
CY2022	san	Other Operating Expense OtherOperatingExpense	2803000000	eur
CY2021	san	Other Operating Expense OtherOperatingExpense	2442000000	eur
CY2020	san	Other Operating Expense OtherOperatingExpense	2342000000	eur
CY2022	san	Non Financial Services Other Expense Operating NonFinancialServicesOtherExpenseOperating	661000000	eur
CY2021	san	Non Financial Services Other Expense Operating NonFinancialServicesOtherExpenseOperating	283000000	eur
CY2020	san	Non Financial Services Other Expense Operating NonFinancialServicesOtherExpenseOperating	350000000	eur
CY2022	ifrs-full	Miscellaneous Other Operating Expense MiscellaneousOtherOperatingExpense	2142000000	eur
CY2021	ifrs-full	Miscellaneous Other Operating Expense MiscellaneousOtherOperatingExpense	2159000000	eur
CY2020	ifrs-full	Miscellaneous Other Operating Expense MiscellaneousOtherOperatingExpense	1992000000	eur
CY2022	san	Deposit Guarantee Fund Miscellaneous Other Operating Expense DepositGuaranteeFundMiscellaneousOtherOperatingExpense	1258000000	eur
CY2021	san	Deposit Guarantee Fund Miscellaneous Other Operating Expense DepositGuaranteeFundMiscellaneousOtherOperatingExpense	1016000000	eur
CY2020	san	Deposit Guarantee Fund Miscellaneous Other Operating Expense DepositGuaranteeFundMiscellaneousOtherOperatingExpense	1005000000	eur
CY2022	ifrs-full	Other Operating Income Expense OtherOperatingIncomeExpense	-1135000000	eur
CY2021	ifrs-full	Other Operating Income Expense OtherOperatingIncomeExpense	24000000	eur
CY2020	ifrs-full	Other Operating Income Expense OtherOperatingIncomeExpense	-212000000	eur
CY2022	ifrs-full	Disclosure Of Employee Benefits Explanatory DisclosureOfEmployeeBenefitsExplanatory	Staff costs<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt;margin-top:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Staff costs is as follows:</span></div><div style="margin-bottom:15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Wages and salaries</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,563 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,466 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,070 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Social Security costs</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,441 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,323 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,277 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Additions to provisions for defined benefit pension plans (note 25)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Contributions to defined contribution pension funds</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">286 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">283 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other Staff costs</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,182 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,068 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,547</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,216</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,783</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Headcount</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The average number of employees of Grupo Santander, as well as the average number and distribution by professional category of Banco Santander, S.A., was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:54.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.717%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average number of employees</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Banco Santander, S.A.</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,410</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,512</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">27,503</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Executive directors and Senior management</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">17 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">19 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other line personnel</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">21,872 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">23,343 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">26,527 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Branches abroad</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,521 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,150 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">955 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Group</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">201,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">194,589</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">196,090</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Does not include staff affected by discontinued operations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The number of employees, at the end of 2022, 2021 and 2020, was 206,462, 199,177 and 193,226, respectively.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The functional breakdown (final employment), by gender, at 31 December 2022 is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:27.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.609%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Functional breakdown by gender</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Senior managers</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other managers</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other personnel</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Men</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Women</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Men</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Women</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Men</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Women</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Europe</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,093 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">478 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,779 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,893 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,041 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,919 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">North America</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">221 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">66 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">621 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,300 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,055 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">South America</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">320 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,147 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,096 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,108 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,857 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,634</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">678</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,610</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">82,449</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103,831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The same information, expressed in percentage terms at 31 December 2022 is as follows:</span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:27.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.609%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Functional breakdown by gender</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Senior managers</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other managers</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other personnel</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Men</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Women</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Men</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Women</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Men</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Women</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Europe</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">North America</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">77 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">68 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">South America</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">71</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">63</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">56</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The labour relations between employees and the various Group companies are governed by the related collective agreements or similar regulations. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The number of employees in the Group with disabilities, distributed by professional categories, at 31 December 2022, is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:86.554%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.246%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Number of employees</span><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:700;line-height:105%;position:relative;top:-3.15pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="6" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Senior managers</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Management</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">136 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Collaborators</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,965 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,114</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">An employee with disabilities is considered to be a person who is recognised by the State or the company in each jurisdiction where the Group operates and that entitles them to receive direct monetary assistance, or other types of aid such as, for example, reduction of their taxes. In the case of Spain, employees with disabilities have been considered to be those with a degree of disabilities greater than or equal to 33%.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The number of Group employees with disabilities at 2021 and 2020, was 3,703 and 3,577, respectively.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Likewise, the average number of employees of Banco Santander, S.A. with disabilities, equal to or greater than 33%, during 2022 was 331 (288 and 319 employees during 2021 and 2020). At the end of fiscal year 2022, there were 444 employees (307 and 317 employees at 31 December, 2021 and 2020, respectively).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Share-based payments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main share-based payments granted by the Group in force at 31 December, 2022, 2021 and 2020 are described below.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i. Bank</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The variable remuneration policy for the Bank’s executive directors and certain executive personnel of the Bank and of other Group companies includes Bank share-based payments, the implementation of which requires, in conformity with the law and the Bank’s Bylaws, specific resolutions to be adopted by the general meeting.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Were it necessary or advisable for legal, regulatory or other similar reasons, the delivery mechanisms described below may be adapted in specific cases without altering the maximum number of shares linked to the plan or the essential conditions to which the delivery thereof is subject. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">These adaptations may involve replacing the delivery of shares with the delivery of cash amounts of an equal value.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The plans that include share-based payments are as follows: (i) Deferred and Conditional Variable Remuneration Plan; (ii) Deferred Multiyear Objectives Variable Remuneration Plan; (iii) Digital Transformation Award and (iv) Digital Transformation Award 2022. The characteristics of the plans are set forth below: </span></div></div></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.235%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Deferred variable remuneration systems</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Description and plan beneficiaries</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Conditions</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Calculation Base</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(i) Deferred and conditional variable remuneration plan (2015, 2016, 2017, 2018, 2019, 2020, 2021 and 2022)</span></td><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The purpose of these cycles is to defer a portion of the variable remuneration of the beneficiaries over a period of three years for the sixth cycles, over <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmY1MzM5Mzk3ZmRlYTQ5ZWNiNmRkMzYyNGY5YTBkMDUzL3NlYzpmNTMzOTM5N2ZkZWE0OWVjYjZkZDM2MjRmOWEwZDA1M185NDkvZnJhZzpjYWIwOTU5ODhhYjY0MmE5OTFlMjc0YjljOTJlNWFhMi90YWJsZTpmZDQ3Y2QwOTUxYWE0ZmE5OGM1MTIwZDEyNjExY2YzNy90YWJsZXJhbmdlOmZkNDdjZDA5NTFhYTRmYTk4YzUxMjBkMTI2MTFjZjM3XzEtMS0xLTEtMTAwNDc4MS90ZXh0cmVnaW9uOmU1YWVlNDg4Y2VjOTRmMDBiM2U3MjgxZDk0MjAxZjFiXzE2NzEyNTc2NzQyNTQ2Mg_b479b982-fbb4-4ac9-a7d8-cff40142337a">three</span> or five years for the fifth, seventh, eighth, ninth, tenth and eleventh cycles, and over <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmY1MzM5Mzk3ZmRlYTQ5ZWNiNmRkMzYyNGY5YTBkMDUzL3NlYzpmNTMzOTM5N2ZkZWE0OWVjYjZkZDM2MjRmOWEwZDA1M185NDkvZnJhZzpjYWIwOTU5ODhhYjY0MmE5OTFlMjc0YjljOTJlNWFhMi90YWJsZTpmZDQ3Y2QwOTUxYWE0ZmE5OGM1MTIwZDEyNjExY2YzNy90YWJsZXJhbmdlOmZkNDdjZDA5NTFhYTRmYTk4YzUxMjBkMTI2MTFjZjM3XzEtMS0xLTEtMTAwNDc4MS90ZXh0cmVnaW9uOmU1YWVlNDg4Y2VjOTRmMDBiM2U3MjgxZDk0MjAxZjFiXzk4OTU2MDQ2NTM0MjQ_8ed69549-9883-4bca-95be-f998ff590d0d">four</span> or five years for the twelfth cycle, for it to be paid, where appropriate, in cash and in Santander shares. The other portion of the variable remuneration is also to be paid in cash and Santander shares, upon commencement of the cycles, in accordance with the rules set forth below.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Beneficiaries:</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Executive directors and certain executives (including senior management) and employees who assume risk, who perform control functions or receive an overall remuneration which puts them on the same remuneration level as senior executives and employees who assume risks (fifth cycle)</span></div><div><span><br/></span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">In the case of the sixth, seventh, eighth, ninth, tenth, eleventh and twelfth cycle, the beneficiaries are Material Risk Takers (Identified staff) that are not beneficiaries of the Deferred Multiyear Objectives Variable Remuneration Plan.</span></div><div><span><br/></span></div></td><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:1pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">For the fifth and sixth cycles (2015 to 2016), the accrual of the deferred compensation is conditioned, in addition to the requirement that the beneficiary remains in the Group's employ, with the exceptions included in the plan regulations on none of the following circumstances existing during the period prior to each delivery, pursuant to the provisions set forth in each case in the plan regulations: </span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">i.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:10.75pt">Poor financial performance of the Group.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">ii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:9.1pt"> breach by the beneficiary of internal regulations, including, in particular, those relating to risks.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">iii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:7.45pt">material restatement of the Group's consolidated financial statements, except when it is required pursuant to a change in accounting standards.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">iv.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:7.47pt">Significant changes in the Group’s economic capital or risk profile</span></div><div style="margin-bottom:1pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">In the case of the seventh, eighth, ninth, tenth, eleventh and twelfth cycles (2017 to 2021), the accrual of deferred compensation is conditioned, in addition to the permanence of the beneficiary in the Group, with the exceptions contained in the plan's regulations, to non-ocurrence of a poor performance of the entity as a whole or of a specific division or area of the entity or of the exposures generated by the personnel:</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">v.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:9.12pt">significant failures in risk management by the entity , or by a business unit or risk control unit.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">vi.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:7.47pt">the increase suffered by the entity or by a business unit of its capital needs, not foreseen at the time of generation of the exposures.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">vii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:5.82pt">Regulatory sanctions or judicial sentences for events that could be attributable to the unit or the personnel responsible for those. Also, the breach of internal codes of conduct of the entity.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">viii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.17pt">Irregular behaviours, whether individual or collective, considering in particular the negative effects derived from the marketing of inappropriate products and the responsibilities of the persons or bodies that made those decisions.</span></div></td><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Fifth cycle (2015):</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Executive directors and members of the Identified Staff with total variable remuneration higher than 2.6 million euros: 40% paid immediately and 60% deferred over 5 years deferral period.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Division managers, country heads (of countries which represent at least 1% of Group's economic capital), other executives of the Group with a similar profile and members of the Identified Staff with total variable remuneration between 1.7 million euros (1.8 million in fourth cycle) and 2.6 million euros: 50% paid immediately and 50% deferred over 5 years (fifth cycle)</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Other beneficiaries: 60% paid immediately and 40% deferred over 3 years.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Sixth cycle (2016):</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">60% of bonus will be paid immediately and 40% deferred over a three years period.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Seventh, eighth, ninth, tenth and eleventh cycle (2017, 2018, 2019, 2020 and 2021):</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Beneficiaries of these plans with target total variable remuneration higher or equal to 2.7 million euros: 40% paid immediately and 60% deferred over 5 years</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Beneficiaries of these plans with target total variable remuneration between 1.7 million euros and 2.7 million euros: 50% paid immediately and 50%paid over 5 years</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Other beneficiaries of these plans: 60% paid immediately and 40% deferred over 3 years.</span></div><div style="text-indent:10.91pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Twelfth cycle (2022):</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Beneficiaries of these plans with target total variable remuneration higher or equal to 2.7 million euros: 40% paid immediately and 60% deferred over 5 years</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Beneficiaries of these plans with target total variable remuneration between 1.7 million euros and 2.7 million euros: 50% paid immediately and 50% paid over 5 years</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Other beneficiaries of these plans: 60% paid immediately and 40% deferred over 4 years .</span></div><div style="text-indent:10.91pt"><span><br/></span></div><div style="text-indent:10.91pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">T</span></div><div style="text-indent:10.91pt"><span><br/></span></div><div style="text-indent:10.91pt"><span><br/></span></div></td></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.235%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Deferred variable remuneration systems</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Description and plan beneficiaries</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Conditions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Calculation Base</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(ii)Deferred Multiyear Objectives Variable Remuneration Plan (2016, 2017, 2018, 2019, 2020, 2021 and 2022)</span></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The aim is simplifying the remuneration structure, improving the ex ante risk adjustment and increasing the impact of the long-term objectives on the Group’s most relevant roles. The purpose of these cycles is to defer a portion of the variable remuneration of the beneficiaries over a period of <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmY1MzM5Mzk3ZmRlYTQ5ZWNiNmRkMzYyNGY5YTBkMDUzL3NlYzpmNTMzOTM5N2ZkZWE0OWVjYjZkZDM2MjRmOWEwZDA1M185NDkvZnJhZzpjYWIwOTU5ODhhYjY0MmE5OTFlMjc0YjljOTJlNWFhMi90YWJsZTpmZDQ3Y2QwOTUxYWE0ZmE5OGM1MTIwZDEyNjExY2YzNy90YWJsZXJhbmdlOmZkNDdjZDA5NTFhYTRmYTk4YzUxMjBkMTI2MTFjZjM3XzItMS0xLTEtMTAwNDc4MS90ZXh0cmVnaW9uOmE1YjhjZjhmYTFkNDQ5ZWI5YmJkMDA0ZDQ1MTdkMTY1XzMwMA_360d76ef-3c5e-4956-ac1b-3ce96f9ad09e">three</span> or five years (<span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmY1MzM5Mzk3ZmRlYTQ5ZWNiNmRkMzYyNGY5YTBkMDUzL3NlYzpmNTMzOTM5N2ZkZWE0OWVjYjZkZDM2MjRmOWEwZDA1M185NDkvZnJhZzpjYWIwOTU5ODhhYjY0MmE5OTFlMjc0YjljOTJlNWFhMi90YWJsZTpmZDQ3Y2QwOTUxYWE0ZmE5OGM1MTIwZDEyNjExY2YzNy90YWJsZXJhbmdlOmZkNDdjZDA5NTFhYTRmYTk4YzUxMjBkMTI2MTFjZjM3XzItMS0xLTEtMTAwNDc4MS90ZXh0cmVnaW9uOmE1YjhjZjhmYTFkNDQ5ZWI5YmJkMDA0ZDQ1MTdkMTY1XzI3NDg3NzkwNzA2NTc_dd46a8cb-f637-4cf2-8885-4ed87ba5dfac">four</span> or five years for the seventh cycle) for it to be paid, where appropriate, in cash and in Santander shares; the other portion of the variable remuneration is also to be paid in cash and Santander shares (regarding the instruments part, executive directors in the seventh cycle have the opportunity to choose all in share options or half in share options and half in shares), upon commencement of the cycles, in accordance with the rules set forth below. The accrual of the last third of the deferral (in the case of 3 years deferral), the last 2 fourths (in the case of 4 years deferral) and the last three fifths (in the case of 5 years deferral) is also subject to long-term objectives.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Beneficiaries</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Executive directors, senior managers and certain executives of the Group’s first lines of responsibility.</span></div><div><span><br/></span></div></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">In 2016 the accrual is conditioned, in addition to the permanence of the beneficiary in the Group, with the exceptions contained in the plan’s regulations, to non-ocurrence of the following circumstances during the period prior to each of the deliveries in the terms set forth in each case in the plan’s regulations: </span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">i.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:10.75pt">Poor performance of the Group.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">ii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:9.1pt">breach by the beneficiary of the internal regulations, including in particular that relating to risks.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">iii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:7.45pt">material restatement of the Group’s consolidated financial statements, except when appropriate under a change in accounting regulations.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">iv.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:7.47pt">Significant changes in the Group’s economic capital or risk profile. </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">In 2017, 2018, 2019, 2020 and 2021 the accrual is conditioned, in addition to the beneficiary' permanence in the Group, with the exceptions contained in the plan’s regulations, to the non-occurrence of poor financial performance from the entity as a whole or of a specific division or area thereof or of the exposures generated by the personnel, taking into account the following factors:</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">v.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:9.12pt">Significant failures in risk management committed by the entity, or by a business unit or risk control unit.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">vi.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:7.47pt">the increase suffered by the entity or by a business unit of its capital needs, not foreseen at the time of generation of the exposures.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">vii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:5.82pt">Regulatory sanctions or court rulings for events that could be attributable to the unit or the personnel responsible for those. Also, the breach of internal codes of conduct of the entity.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">viii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.17pt">Irregular behaviours, whether individual or collective, considering in particular negative effects derived from the marketing of inappropriate products and responsibilities of persons or bodies that made those decisions.</span></div><div style="text-indent:3.83pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Paid half in cash and half in shares. In the seventh cycle, and only for executive directors: half in cash and 25% in share options and 25% in shares (unless the director chooses to receive options only).</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The maximum number of shares to be delivered is calculated by taking into account the weighted average daily volume of weighted average prices for the fifteen trading sessions prior to the previous Friday (excluding) on the date on which the board decides the bonus for the Executive directors of the Bank. </span></div><div><span><br/></span></div></td><td colspan="3" style="border-bottom:0.25pt solid #9bc3d3;border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">First cycle (2016): </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Executive directors and members of the Identified Staff with total variable remuneration higher than or equal to 2.7 million euros: 40% paid immediately and 60% deferred over a 5 years period. </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Senior managers, country heads of countries representing at least 1% of the Group´s capital and other members of the identified staff whose total variable remuneration is between 1.7 million and 2.7 million euros: 50% paid immediately and 50% deferred over a 5 years period. </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Other beneficiaries: 60% paid immediately and 40% deferred over a 3 years period. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The second, third, fourth, fifth and sixth cycles (2017, 2018, 2019,2020 and 2021 respectively) are under the aforementioned deferral rules, except that the variable remuneration considered is the target for each executive and not the actual award. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">In 2016 the metrics for the deferred portion subject to long-term objectives (last third or last three fifths, respectively, for the cases of three years and five years deferrals) are: </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Earnings per share (EPS) growth in 2018 over 2015. </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Relative Total Shareholder Return (TSR) in the 2016-2018 period measured against a group of credit institutions. </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Compliance with the fully-loaded common equity tier 1 (“CET1”) ratio target for financial year 2018. </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Compliance with Grupo Santander’s underlying return on risk-weighted assets (“RoRWA”) growth target for financial year 2018 compared to financial year 2015. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">In the second, third, fourth, fifth and sixth cycle (2017, 2018, 2019, 2020 and 2021) the metrics for the deferred portion subject to long-term objectives (last third or last three fifths, respectively, for the cases of three years and five years deferrals) are: </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">EPS growth in 2019, 2020, 2021, 2022 and 2023 (over 2016, 2017, 2018, 2019 and 2020, for each respective cycle)</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Relative Total Shareholder Return (TSR) measured against a group of 17 credit institutions (second and third cycles) in the periods 2017-2019 and 2018-2019, respectively, and against a group of 9 entities (fourth, fifth and sixth cycle) for the 2019-2021, 2020-2022 and 2010-2023 period. </span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Compliance with the fully-loaded common equity tier 1 (“CET1”) ratio target for financial years 2019, 2020, 2021,2022 and 2023, respectively. </span></div><div style="text-indent:9pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">In the seventh cycle (2022), the metrics for the deferred portion subject to long-term objectives (two last fourths and last three fifths, for the cases of four years and five years deferrals) are:</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Banco Santander's consolidated Return on tangible equity (RoTE) target in 2024.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Relative Total Shareholder Return (TSR) measured against a group of 9 credit institutions for the period 2022-2024.</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%;padding-left:4.25pt">Five ESG metrics linked to our public targets of our Responsible Banking agenda.</span></div></td></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.235%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Deferred variable remuneration systems</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Description and plan beneficiaries</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Conditions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Calculation Base</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(iii) Digital Transformation Award (2019, 2020 and 2021)</span></td><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The 2019, 2020 and 2021 Digital Transformation Incentive (the “Digital Incentive”) is a variable remuneration system that includes the delivery of Santander shares and share options.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The aim of the Digital Incentive is to attract and retain the critical skill sets to support and accelerate the digital transformation of the Group. By means of this program, the Group offers a remuneration element which is competitive with the remuneration systems offered by other market operators who also compete for digital talent.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The number of beneficiaries is limited to a maximum of 250 employees and the total amount of the incentive is limited to 30 million euros.</span></div></td><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The funding of this incentive is subject to meeting important milestones that are aligned with the Group´s digital roadmap and have been approved by the board of directors, taking into account the digitalization strategy of the Group, with the aim of becoming the best open, responsible global financial services platform.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Performance of 2019 incentive was measured based on achievement of the following milestones: (i) Launch of a Global Trade Services (GTS) platform; (ii) launch of a Global Merchant Services (GMS) platform; (iii) migration of our fully digital bank, OpenBank, to a "next generation" platform and launch in 3 markets; (iv) extension of SuperDigital in Brazil to at least one other country; (v) and launch of our international payments app based on blockchain Pago FX to non-Santander customers.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The milestones for the 2020 Digital Transformation Award were: (i) rolling out the global merchant services (GMS) platform in 3 new geographies, enhancing the platform functionality and achieving volume targets for transactions and participating merchants; (ii) doing the commercial rollout of the global trade services (GTS) platform in 8 new geographies, enhancing platform functionality, and achieving volume targets for on-boarded clients and monthly active users; (iii) launching OpenBank in a new market and migrating the retail banking infrastructure to “new-mode” bank; (iv) launch the global platform SuperDigital in at least 4 countries, driving target active user growth; (v) deploying machine learning across pre-defined markets for 4 priority use cases, rolling out Conversion Rate Optimization (Digital marketing) for at least 40 sales programs, delivering profit targets, and driving reduction of agent handled calls in contact centers; (vi) successfully implementing initiatives related to on-board and identity services, common API (application programming interface) layer, payment hubs, mobile app for SMEs and virtual assistant services; and (vii) launching the PagoFX global platform in at least 4 countries.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The milestones for 2021 were: (i)in relation to Pago Nxt Consumer payment platform: implementation of Superdigital platform in seven countries, acquisition of over 1.5 million active customer base and accelerating growth through B2B (business to business) and B2B2C (business to business to customer) partnerships, acquiring more than 50% of the new customers through these channels, which are more cost-effective; (ii)in relation to Digital Consumer Bank: launching online API for checkout lending in the European Union and completion of controllable items for Openbank launch in USA; (iii)in relation to One Santander strategy: implementation in Europe of One Common Mobile Experience and, specifically, implementation of Europe ONE app for individual customers in at least three of the four countries by December 2021; and be among the three-top rated entities in terms of Mobile NetPromoter Score (Mobile NPS) in at least two of the four countries by December 2021; (iv) In relation to cloud adoption: host 75% of migratable virtual machines on cloud technology (either public cloud or OHE) by December 2021. For these purposes, mainframes, physical servers and servers with non-x86 operating systems will be considered non-migratable. </span></div><div><span><br/></span></div></td><td colspan="3" style="border-bottom:0.25pt solid #7ea8be;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The Digital Incentive is structured 50% in Santander shares and 50% in options over Santander shares, taking into account the fair value of the option at the moment in which they are granted. For Material Risk Takers subject to five years deferrals, the Digital Incentive (shares and options over shares) shall be delivered in thirds, on the third, fourth and fifth anniversary from their granting. For Material Risk Takers subject to three years deferrals and employees not subject to deferrals, delivery shall be done on the third anniversary from their granting.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Any delivery of shares, either directly or via exercise of options overs shares, will be subject generally to the Group’s general </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">malus</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> & </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">clawback</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> provisions as described in the Group’s remuneration policy and to the continuity of the beneficiary within the Grupo Santander. In this regard, the board may define specific rules for non-Identified Staff.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Vested share options can be exercised until maturity, with all options lapsing after ten years (for granting the 2019 incentive) and eight years (for granting the 2020 and 2021 incentive).</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The total achievement for 2021 Digital Incentive was 77.5% (85% en 2020 and 83% en 2019).</span></div></td></tr></table><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:31.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:30.605%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Deferred variable remuneration systems</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-right:4.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Description and plan beneficiaries</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Conditions</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Calculation base</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">(iv) Digital Transformation Award (2022)</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The board of directors approved the 2022 Digital</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Transformation Incentive. It is a variable remuneration scheme</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">splits in two different blocks:</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">• The first one, with the same mechanism than previous years,</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">that delivers Santander shares and share options if the group hits major milestones on its digital roadmap. This is aimed at a group of up to 250 (is limited to 30 million euros)employees whose functions are deemed essential to Santander’s growth.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">• And the second one, which delivers PagoNxt, S.L. RSUs and premium prices options (PPOs), and is aimed at up to 50</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">employees (and limited to 15 million euros) whose roles are considered key to PagoNxt’s success.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The aim of the Digital Incentive is to attract and retain the critical skill sets to support and accelerate the digital transformation of the Group. By means of this program, the Group offers a remuneration element which is competitive with the remuneration systems offered by other market operators who also compete for digital talent.</span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Performance of the first block of the incentive shall be measured based on achievement of the following milestones:</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">i. Edelweiss: Our Santander future retail architecture EDELWEISS will mean moving from our current Core centric banking architecture towards a Customer and Data-Centric Core supported by lean Record Processing engines. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">ii. Simplification: Speed up the simplification of our technology platform and business model by Reducing the total number of applications in production and reducing number of products in the regions.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">iii. Agile: Agile ways of working enable a better and faster reaction to customers’ needs and is based on a value-driven delivery that increases efficiency by reducing time-to-market and development costs, and increasing quality. People working in Agile are more collaborative, engaged, empowered and creative. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">iv. In Digital Consumer Bank:</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">a) To create the BNPL platform connected to at least one merchant in Netherlands and Germany, and to make sure the platform is ready to connect in Spain.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">b) To support the definition of Openbank US’s IT digital strategy and achieve 2022 milestones in it.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">c) To have the new leasing platform connected to dealers in Italy.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">d) To expand the Wabi B2B online business to Germany. To execute the first B2B deal with an Original Equipment Manufacturer or mobility player in at least one country. To expand coches.com business and platform to Portugal.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">And in regard to the second block of digital incentive: the consolidation of PagoNxt Core Perimeter.</span></div><div><span><br/></span></div></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The first block of thee Digital Incentive is structured 50% in Santander shares and 50% in options over Santander shares, taking into account the fair value of the option at the moment in which they are granted. For Material Risk Takers subject to five years deferrals, the Digital Incentive (shares and options over shares) shall be delivered in thirds, on the third, fourth and fifth anniversary from their granting. For Material Risk Takers subject to three years deferrals and employees not subject to deferrals, delivery shall be done on the third anniversary from their granting.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Any delivery of shares, either directly or via exercise of options overs shares, will be subject generally to the Group’s general </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">malus</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> & </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">clawback</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> provisions as described in the Group’s remuneration policy and to the continuity of the beneficiary within the Grupo Santander. In this regard, the board may define specific rules for non-Identified Staff.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Vested share options can be exercised until maturity, with all options lapsing after ten years.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The total achievement for 2022 Digital Incentive was 96.5%.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">The second block of Digital Incentive is structures in restricted stock units (RSUs) and premium priced Options (PPOs) of PagoNxt S.L. in a percentage determined by the internal category of the beneficiary. The total achievement for 2022 was 100%.</span></div></td></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Santander UK plc </span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The long-term incentive plans on shares of the Bank granted by management of Santander UK plc to its employees are as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.348%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Number of shares (in thousand)</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exercise price in pounds sterling</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Year granted</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Employee group</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Number of persons</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Date of commencement of exercise period</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Date of expiry of exercise period</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 01/01/2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,373</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options granted (sharesave)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,642 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.65 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2020</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Employees</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,012 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/20</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/23</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/20</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/25</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(860)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options cancelled (net) or not exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,993)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.96 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 31/12/2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,162</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options granted (sharesave)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,414 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Employees</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,142 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/21</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/24</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/21</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/26</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options cancelled (net) or not exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,592)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 31/12/2021</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,936</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options granted (sharesave)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,068 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.89 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Employees</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,362 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/22</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/25</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/22</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/27</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(242)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options cancelled (net) or not exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,774)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 31/12/2022</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,988</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">At 31 December, 2022, 2021 and 2020, the euro/pound sterling exchange rate was 1.1277, 1.1904 and 1.1168 , respectively.</span></div><div style="margin-bottom:12pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Number of accounts/contracts. A single employee may have more than one account/contract.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2008 the Group launched a voluntary savings scheme for Santander UK employees (Sharesave Scheme) whereby employees who join the scheme see deducted between GBP 5 and GBP 500 from their net monthly pay over a period of <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmY1MzM5Mzk3ZmRlYTQ5ZWNiNmRkMzYyNGY5YTBkMDUzL3NlYzpmNTMzOTM5N2ZkZWE0OWVjYjZkZDM2MjRmOWEwZDA1M185NDkvZnJhZzpjYWIwOTU5ODhhYjY0MmE5OTFlMjc0YjljOTJlNWFhMi90ZXh0cmVnaW9uOmNhYjA5NTk4OGFiNjQyYTk5MWUyNzRiOWM5MmU1YWEyXzMyODM_40d92557-2787-480d-95a5-c026be485b18">three</span> or five years. At the end of the chosen period, the employee may choose between collecting the amount contributed, the interest accrued and a bonus (tax-exempt in the United Kingdom) or exercising options on shares of the Bank in an amount equal to the sum of such three amounts at a fixed price. The exercise price will be the result of reducing by up to 20% the average purchase and sale prices of the Bank shares in the three trading sessions prior to the approval of the scheme by the UK tax authorities (HMRC). This approval must be received within 21to 41 days following the publication of the Group’s results for the first half of the year. This scheme was approved by the Board of Directors, at the proposal of the appointments and remuneration committee, and, since it involved the delivery of Bank shares, its application was authorized by the Annual General Meeting held on June 21, 2008. Also, the scheme was authorized by the UK tax authorities (HMRC) and commenced in September 2008. In subsequent years, at the Annual General Meetings held on June 19, 2009, June 11, 2010, June 17, 2011, March 30, 2012, March 22, 2013, March 28, 2014, March 27, 2015, March 18, 2016, April 7, 2017, March 23, 2018, April 12, 2019, April 3, 2020 and March 26, 2021, respectively, the shareholders approved the application of schemes previously approved by the board and with similar features to the scheme approved in 2008.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:125%">iii. Fair value</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of the performance share plans was calculated as follows:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">a) Deferred variable compensation plan linked to multi-year objectives 2020, 2021 and 2022:</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group calculates at the grant date the fair value of the plan based on the valuation report of an independent expert, Willis Towers Watson. According to the design of the plan for 2020, 2021 and 2022 and the levels of achievement of similar plans in comparable entities,it has been considered that the fair value is 70%.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">b) Santander UK sharesave plans: </span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of each option at the date of grant is estimated using an analytical model that also reflects the correlation between EUR and GBP. This model uses assumptions on the share price, the EUR/GBP FX rate, the EUR/GBP risk-free interest rate, dividend yields, the expected volatilities of both the underlying shares and EUR/GBP for the expected lives of options granted. The weighted average grant-date fair value of options granted during the year was GBP 0.23 (GBP 0.20 and GBP 0.21 reported in 2021 and 2020, respectively).</span></div>
CY2022	ifrs-full	Wages And Salaries WagesAndSalaries	9563000000	eur
CY2021	ifrs-full	Wages And Salaries WagesAndSalaries	8466000000	eur
CY2020	ifrs-full	Wages And Salaries WagesAndSalaries	8070000000	eur
CY2022	ifrs-full	Social Security Contributions SocialSecurityContributions	1441000000	eur
CY2021	ifrs-full	Social Security Contributions SocialSecurityContributions	1323000000	eur
CY2020	ifrs-full	Social Security Contributions SocialSecurityContributions	1277000000	eur
CY2022	ifrs-full	Postemployment Benefit Expense Defined Benefit Plans PostemploymentBenefitExpenseDefinedBenefitPlans	65000000	eur
CY2021	ifrs-full	Postemployment Benefit Expense Defined Benefit Plans PostemploymentBenefitExpenseDefinedBenefitPlans	73000000	eur
CY2020	ifrs-full	Postemployment Benefit Expense Defined Benefit Plans PostemploymentBenefitExpenseDefinedBenefitPlans	76000000	eur
CY2022	ifrs-full	Postemployment Benefit Expense Defined Contribution Plans PostemploymentBenefitExpenseDefinedContributionPlans	296000000	eur
CY2021	ifrs-full	Postemployment Benefit Expense Defined Contribution Plans PostemploymentBenefitExpenseDefinedContributionPlans	286000000	eur
CY2020	ifrs-full	Postemployment Benefit Expense Defined Contribution Plans PostemploymentBenefitExpenseDefinedContributionPlans	283000000	eur
CY2022	ifrs-full	Other Employee Expense OtherEmployeeExpense	1182000000	eur
CY2021	ifrs-full	Other Employee Expense OtherEmployeeExpense	1068000000	eur
CY2020	ifrs-full	Other Employee Expense OtherEmployeeExpense	1077000000	eur
CY2022	ifrs-full	Employee Benefits Expense EmployeeBenefitsExpense	12547000000	eur
CY2021	ifrs-full	Employee Benefits Expense EmployeeBenefitsExpense	11216000000	eur
CY2020	ifrs-full	Employee Benefits Expense EmployeeBenefitsExpense	10783000000	eur
CY2022	ifrs-full	Average Number Of Employees AverageNumberOfEmployees	201516	people
CY2021	ifrs-full	Average Number Of Employees AverageNumberOfEmployees	194589	people
CY2020	ifrs-full	Weighted Average Share Price Share Options Granted2019 WeightedAverageSharePriceShareOptionsGranted2019	0.21
CY2020	ifrs-full	Average Number Of Employees AverageNumberOfEmployees	196090	people
CY2022Q4	ifrs-full	Number Of Employees NumberOfEmployees	206462	employee
CY2021Q4	ifrs-full	Number Of Employees NumberOfEmployees	199177	employee
CY2020Q4	ifrs-full	Number Of Employees NumberOfEmployees	193226	employee
CY2022	san	Average Number Of Employees With Disabilities AverageNumberOfEmployeesWithDisabilities	4114	people
CY2021	san	Average Number Of Employees With Disabilities AverageNumberOfEmployeesWithDisabilities	3703	employee
CY2020	san	Average Number Of Employees With Disabilities AverageNumberOfEmployeesWithDisabilities	3577	employee
CY2022	san	Variable Remuneration Minimum Groups Economic Capital VariableRemunerationMinimumGroupsEconomicCapital	0.01
CY2019	san	Key Management Personnel Compensation Long Term And Deferred Compensation Percent Of Achievement KeyManagementPersonnelCompensationLongTermAndDeferredCompensationPercentOfAchievement	0.83
CY2022	ifrs-full	Disclosure Of Number And Weighted Average Exercise Prices Of Share Options Explanatory DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory	<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The long-term incentive plans on shares of the Bank granted by management of Santander UK plc to its employees are as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.348%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Number of shares (in thousand)</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Exercise price in pounds sterling</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Year granted</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Employee group</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Number of persons</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Date of commencement of exercise period</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Date of expiry of exercise period</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 01/01/2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,373</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options granted (sharesave)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,642 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.65 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2020</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Employees</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,012 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/20</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/23</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/20</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/25</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(860)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options cancelled (net) or not exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,993)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.96 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 31/12/2020</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,162</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options granted (sharesave)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,414 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Employees</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,142 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/21</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/24</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/21</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">01/11/26</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options cancelled (net) or not exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,592)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 31/12/2021</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,936</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options granted (sharesave)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,068 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.89 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Employees</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,362 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/22</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/25</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/22</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11/01/27</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(242)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Options cancelled (net) or not exercised</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,774)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Plans outstanding at 31/12/2022</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,988</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">At 31 December, 2022, 2021 and 2020, the euro/pound sterling exchange rate was 1.1277, 1.1904 and 1.1168 , respectively.</span></div><div style="margin-bottom:12pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Number of accounts/contracts. A single employee may have more than one account/contract.</span></div>
CY2022	ifrs-full	Weighted Average Share Price Share Options Granted2019 WeightedAverageSharePriceShareOptionsGranted2019	0.23
CY2021	ifrs-full	Weighted Average Share Price Share Options Granted2019 WeightedAverageSharePriceShareOptionsGranted2019	0.20
CY2022	ifrs-full	Disclosure Of General And Administrative Expense Explanatory DisclosureOfGeneralAndAdministrativeExpenseExplanatory	Other general administrative expenses<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Breakdown</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Other general administrative expenses is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:55.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.407%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Technology and systems</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,473 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,182 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,119 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Property, fixtures and supplies<br/>(note 2.k)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">804 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">789 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">827 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Technical reports</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">785 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">689 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">672 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Taxes other than income tax</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">559 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">558 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">537 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Advertising</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">559 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">510 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">523 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Communications</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">410 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">401 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">473 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Surveillance and cash courier services</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">336 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">306 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Per diems and travel expenses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Insurance premiums</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other administrative expenses</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,174 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,830 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,900 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,371</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,443</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,537</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The payments associated with short-term leases (leases less than or equal to 12 months) and leases of low-value assets, that the Group recognises as an expense in the income statement is not material.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Technical reports and other</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Technical reports includes the fees paid by the various Group companies (detailed in the accompanying appendices) for the services provided by their respective auditors, the detail being as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.248%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Audit </span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113.4 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99.4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Audit-related services</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.4 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax services</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">All other </span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">125.1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">113.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">107.4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The 'Audit' heading mainly includes audit fees for the individual and consolidated financial statements of Banco Santander and its subsidiaries of which PwC is the statutory auditor; for interim consolidated financial statements of Banco Santander; for integrated audits prepared in order to file Form 20-F for the annual report with the SEC in the US regarding required entities; the internal control audit (SOx) for required Group's entities; the limited review of the financial statements; and the regulatory auditor's reports on Grupo Santander's geographies.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The main fees under 'Audit-related services' include, comfort letters, verifying financial and non-financial information (as required by regulators), and other reviews of documents that, due to their nature, the external auditor provides to be submitted to domestic or foreign authorities. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fees included under the heading 'Tax services' mainly related to tax compliance and advisory services provided to Group companies outside Spain, which are permitted in accordance with independence regulations; none were for tax planning advice.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The 'Audit' heading includes the fees for the year's audit, regardless of the date the audit was completed. Any subsequent adjustments, which are not significant, and for purposes of comparison, are shown in this note for each year. The fees corresponding to the rest of the services are shown by when the audit committee approved them.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The services commissioned from the Group's auditors meet the independence requirements under applicable European and Spanish law, the SEC rules and the Public Company Accounting Oversight Board (PCAOB), applicable to the Group, and they did not involve in any case the performance of any work that is incompatible with the auditor's role.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lastly, the Group commissioned services from audit firms other than PwC amounting to EUR 185.5 million in 2022 (EUR 263.8 million and EUR 172.4 million in 2021and 2020, respectively).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Number of branches</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The number of offices at 31 December 2022, 2021 and 2020 is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.171%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.173%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">Number of branches</span></td><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="9" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Group</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,966 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,998 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,989 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Group</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,053 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,231 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,019</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,229</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,586</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	san	Technology Systems Expense TechnologySystemsExpense	2473000000	eur
CY2021	san	Technology Systems Expense TechnologySystemsExpense	2182000000	eur
CY2020	san	Technology Systems Expense TechnologySystemsExpense	2119000000	eur
CY2022	ifrs-full	Property Service Charge Expense PropertyServiceChargeExpense	804000000	eur
CY2021	ifrs-full	Property Service Charge Expense PropertyServiceChargeExpense	789000000	eur
CY2020	ifrs-full	Property Service Charge Expense PropertyServiceChargeExpense	827000000	eur
CY2022	san	Technical Reports Expense TechnicalReportsExpense	785000000	eur
CY2021	san	Technical Reports Expense TechnicalReportsExpense	689000000	eur
CY2020	san	Technical Reports Expense TechnicalReportsExpense	672000000	eur
CY2022	ifrs-full	Tax Expense Other Than Income Tax Expense TaxExpenseOtherThanIncomeTaxExpense	559000000	eur
CY2021	ifrs-full	Tax Expense Other Than Income Tax Expense TaxExpenseOtherThanIncomeTaxExpense	558000000	eur
CY2020	ifrs-full	Tax Expense Other Than Income Tax Expense TaxExpenseOtherThanIncomeTaxExpense	537000000	eur
CY2022	ifrs-full	Sales And Marketing Expense SalesAndMarketingExpense	559000000	eur
CY2021	ifrs-full	Sales And Marketing Expense SalesAndMarketingExpense	510000000	eur
CY2020	ifrs-full	Sales And Marketing Expense SalesAndMarketingExpense	523000000	eur
CY2022	ifrs-full	Communication Expense CommunicationExpense	410000000	eur
CY2021	ifrs-full	Communication Expense CommunicationExpense	401000000	eur
CY2020	ifrs-full	Communication Expense CommunicationExpense	473000000	eur
CY2022	san	Surveillance And Courier Services Expense SurveillanceAndCourierServicesExpense	336000000	eur
CY2021	san	Surveillance And Courier Services Expense SurveillanceAndCourierServicesExpense	306000000	eur
CY2020	san	Surveillance And Courier Services Expense SurveillanceAndCourierServicesExpense	325000000	eur
CY2022	ifrs-full	Travel Expense TravelExpense	163000000	eur
CY2021	ifrs-full	Travel Expense TravelExpense	69000000	eur
CY2020	ifrs-full	Travel Expense TravelExpense	73000000	eur
CY2022	ifrs-full	Insurance Expense InsuranceExpense	108000000	eur
CY2021	ifrs-full	Insurance Expense InsuranceExpense	109000000	eur
CY2020	ifrs-full	Insurance Expense InsuranceExpense	88000000	eur
CY2022	san	Other Administrative Expenses OtherAdministrativeExpenses	2174000000	eur
CY2021	san	Other Administrative Expenses OtherAdministrativeExpenses	1830000000	eur
CY2020	san	Other Administrative Expenses OtherAdministrativeExpenses	1900000000	eur
CY2022	san	Other General Administrative Expenses OtherGeneralAdministrativeExpenses	8371000000	eur
CY2021	san	Other General Administrative Expenses OtherGeneralAdministrativeExpenses	7443000000	eur
CY2020	san	Other General Administrative Expenses OtherGeneralAdministrativeExpenses	7537000000	eur
CY2022	ifrs-full	Auditors Remuneration For Audit Services AuditorsRemunerationForAuditServices	113400000	eur
CY2021	ifrs-full	Auditors Remuneration For Audit Services AuditorsRemunerationForAuditServices	104600000	eur
CY2020	ifrs-full	Auditors Remuneration For Audit Services AuditorsRemunerationForAuditServices	99400000	eur
CY2022	san	Auditors Remuneration For Audit Related Services AuditorsRemunerationForAuditRelatedServices	6400000	eur
CY2021	san	Auditors Remuneration For Audit Related Services AuditorsRemunerationForAuditRelatedServices	6000000.0	eur
CY2020	san	Auditors Remuneration For Audit Related Services AuditorsRemunerationForAuditRelatedServices	6000000.0	eur
CY2022	ifrs-full	Auditors Remuneration For Tax Services AuditorsRemunerationForTaxServices	500000	eur
CY2021	ifrs-full	Auditors Remuneration For Tax Services AuditorsRemunerationForTaxServices	700000	eur
CY2020	ifrs-full	Auditors Remuneration For Tax Services AuditorsRemunerationForTaxServices	800000	eur
CY2022	ifrs-full	Auditors Remuneration For Other Services AuditorsRemunerationForOtherServices	4800000	eur
CY2021	ifrs-full	Auditors Remuneration For Other Services AuditorsRemunerationForOtherServices	2400000	eur
CY2020	ifrs-full	Auditors Remuneration For Other Services AuditorsRemunerationForOtherServices	1200000	eur
CY2022	ifrs-full	Auditors Remuneration AuditorsRemuneration	125100000	eur
CY2021	ifrs-full	Auditors Remuneration AuditorsRemuneration	113700000	eur
CY2020	ifrs-full	Auditors Remuneration AuditorsRemuneration	107400000	eur
CY2022	ifrs-full	Professional Fees Expense ProfessionalFeesExpense	185500000	eur
CY2021	ifrs-full	Professional Fees Expense ProfessionalFeesExpense	263800000	eur
CY2020	ifrs-full	Professional Fees Expense ProfessionalFeesExpense	172400000	eur
CY2022	san	Number Of Offices NumberOfOffices	9019	branch
CY2021	san	Number Of Offices NumberOfOffices	9229	branch
CY2020	san	Number Of Offices NumberOfOffices	10586	branch
CY2022	san	Gains On Disposals Of Tangible And Intangible Assets Not Classified As Held For Sale GainsOnDisposalsOfTangibleAndIntangibleAssetsNotClassifiedAsHeldForSale	56000000	eur
CY2021	san	Gains On Disposals Of Tangible And Intangible Assets Not Classified As Held For Sale GainsOnDisposalsOfTangibleAndIntangibleAssetsNotClassifiedAsHeldForSale	87000000	eur
CY2020	san	Gains On Disposals Of Tangible And Intangible Assets Not Classified As Held For Sale GainsOnDisposalsOfTangibleAndIntangibleAssetsNotClassifiedAsHeldForSale	89000000	eur
CY2022	ifrs-full	Gains On Disposals Of Investments GainsOnDisposalsOfInvestments	5000000	eur
CY2021	ifrs-full	Gains On Disposals Of Investments GainsOnDisposalsOfInvestments	2000000	eur
CY2020	ifrs-full	Gains On Disposals Of Investments GainsOnDisposalsOfInvestments	60000000	eur
CY2022	ifrs-full	Gains On Disposals Of Noncurrent Assets GainsOnDisposalsOfNoncurrentAssets	61000000	eur
CY2021	ifrs-full	Gains On Disposals Of Noncurrent Assets GainsOnDisposalsOfNoncurrentAssets	89000000	eur
CY2020	ifrs-full	Gains On Disposals Of Noncurrent Assets GainsOnDisposalsOfNoncurrentAssets	149000000	eur
CY2022	san	Losses On Disposals Of Tangible And Intangible Assets Not Classified As Held For Sale LossesOnDisposalsOfTangibleAndIntangibleAssetsNotClassifiedAsHeldForSale	49000000	eur
CY2021	san	Losses On Disposals Of Tangible And Intangible Assets Not Classified As Held For Sale LossesOnDisposalsOfTangibleAndIntangibleAssetsNotClassifiedAsHeldForSale	36000000	eur
CY2020	san	Losses On Disposals Of Tangible And Intangible Assets Not Classified As Held For Sale LossesOnDisposalsOfTangibleAndIntangibleAssetsNotClassifiedAsHeldForSale	34000000	eur
CY2022	ifrs-full	Losses On Disposals Of Investments LossesOnDisposalsOfInvestments	0	eur
CY2021	ifrs-full	Losses On Disposals Of Investments LossesOnDisposalsOfInvestments	0	eur
CY2020	ifrs-full	Losses On Disposals Of Investments LossesOnDisposalsOfInvestments	1000000	eur
CY2022	ifrs-full	Losses On Disposals Of Noncurrent Assets LossesOnDisposalsOfNoncurrentAssets	49000000	eur
CY2021	ifrs-full	Losses On Disposals Of Noncurrent Assets LossesOnDisposalsOfNoncurrentAssets	36000000	eur
CY2020	ifrs-full	Losses On Disposals Of Noncurrent Assets LossesOnDisposalsOfNoncurrentAssets	35000000	eur
CY2022	san	Gains Losses On Disposals Of Non Financial Assets Net GainsLossesOnDisposalsOfNonFinancialAssetsNet	12000000	eur
CY2021	san	Gains Losses On Disposals Of Non Financial Assets Net GainsLossesOnDisposalsOfNonFinancialAssetsNet	53000000	eur
CY2020	san	Gains Losses On Disposals Of Non Financial Assets Net GainsLossesOnDisposalsOfNonFinancialAssetsNet	114000000	eur
CY2020Q4	ifrs-full	Financial Assets Measured At Fair Value Through Other Comprehensive Income FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	118170000000	eur
CY2022	san	Gains Losses On Non Current Tangible Assets GainsLossesOnNonCurrentTangibleAssets	7000000	eur
CY2021	san	Gains Losses On Non Current Tangible Assets GainsLossesOnNonCurrentTangibleAssets	-52000000	eur
CY2020	san	Gains Losses On Non Current Tangible Assets GainsLossesOnNonCurrentTangibleAssets	-171000000	eur
CY2022	san	Non Current Assets Held For Sale Valuation Allowance Charges NonCurrentAssetsHeldForSaleValuationAllowanceCharges	94000000	eur
CY2021	san	Non Current Assets Held For Sale Valuation Allowance Charges NonCurrentAssetsHeldForSaleValuationAllowanceCharges	141000000	eur
CY2020	san	Non Current Assets Held For Sale Valuation Allowance Charges NonCurrentAssetsHeldForSaleValuationAllowanceCharges	215000000	eur
CY2022	ifrs-full	Gains Losses On Disposals Of Other Noncurrent Assets GainsLossesOnDisposalsOfOtherNoncurrentAssets	0	eur
CY2021	ifrs-full	Gains Losses On Disposals Of Other Noncurrent Assets GainsLossesOnDisposalsOfOtherNoncurrentAssets	9000000	eur
CY2020	ifrs-full	Gains Losses On Disposals Of Other Noncurrent Assets GainsLossesOnDisposalsOfOtherNoncurrentAssets	0	eur
CY2022	san	Gains Losses On Non Current Assets Held For Sale Not Classified As Discontinued Operations GainsLossesOnNonCurrentAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	7000000	eur
CY2021	san	Gains Losses On Non Current Assets Held For Sale Not Classified As Discontinued Operations GainsLossesOnNonCurrentAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	-43000000	eur
CY2020	san	Gains Losses On Non Current Assets Held For Sale Not Classified As Discontinued Operations GainsLossesOnNonCurrentAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	-171000000	eur
CY2022Q4	ifrs-full	Cash And Cash Equivalents CashAndCashEquivalents	223073000000	eur
CY2022Q4	ifrs-full	Financial Assets Measured At Fair Value Through Other Comprehensive Income FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	83298000000	eur
CY2022Q4	ifrs-full	Financial Assets At Amortised Cost FinancialAssetsAtAmortisedCost	1147044000000	eur
CY2022Q4	san	Certain Financial Assets CertainFinancialAssets	1453415000000	eur
CY2022Q4	ifrs-full	Financial Liabilities At Amortised Cost FinancialLiabilitiesAtAmortisedCost	1423858000000	eur
CY2022Q4	ifrs-full	Financial Liabilities At Amortised Cost FinancialLiabilitiesAtAmortisedCost	1423858000000	eur
CY2022Q4	san	Certain Financial Assets Liabilities CertainFinancialAssetsLiabilities	29557000000	eur
CY2021Q4	ifrs-full	Cash And Cash Equivalents CashAndCashEquivalents	210689000000	eur
CY2021Q4	ifrs-full	Financial Assets Measured At Fair Value Through Other Comprehensive Income FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome	105585000000	eur
CY2021Q4	ifrs-full	Financial Assets At Amortised Cost FinancialAssetsAtAmortisedCost	1037898000000	eur
CY2021Q4	san	Certain Financial Assets CertainFinancialAssets	1354172000000	eur
CY2021Q4	ifrs-full	Financial Liabilities At Amortised Cost FinancialLiabilitiesAtAmortisedCost	1349169000000	eur
CY2021Q4	ifrs-full	Financial Liabilities At Amortised Cost FinancialLiabilitiesAtAmortisedCost	1349169000000	eur
CY2021Q4	san	Certain Financial Assets Liabilities CertainFinancialAssetsLiabilities	5003000000	eur
CY2020Q4	ifrs-full	Cash And Cash Equivalents CashAndCashEquivalents	153839000000	eur
CY2020Q4	ifrs-full	Financial Assets At Amortised Cost FinancialAssetsAtAmortisedCost	958378000000	eur
CY2020Q4	san	Certain Financial Assets CertainFinancialAssets	1230387000000	eur
CY2020Q4	ifrs-full	Financial Liabilities At Amortised Cost FinancialLiabilitiesAtAmortisedCost	1248188000000	eur
CY2020Q4	ifrs-full	Financial Liabilities At Amortised Cost FinancialLiabilitiesAtAmortisedCost	1248188000000	eur
CY2020Q4	san	Certain Financial Assets Liabilities CertainFinancialAssetsLiabilities	-17801000000	eur
CY2022Q4	san	Undiscounted Financial Liabilities At Amortised Cost UndiscountedFinancialLiabilitiesAtAmortisedCost	1422781000000	eur
CY2021Q4	san	Undiscounted Financial Liabilities At Amortised Cost UndiscountedFinancialLiabilitiesAtAmortisedCost	1339819000000	eur
CY2020Q4	san	Undiscounted Financial Liabilities At Amortised Cost UndiscountedFinancialLiabilitiesAtAmortisedCost	1236632000000	eur
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	156118000000	eur
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialAssetsAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	8989000000	eur
CY2022Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	5713000000	eur
CY2022Q4	ifrs-full	Fair Value Of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome	1941000000	eur
CY2022Q4	ifrs-full	Derivative Financial Assets Held For Hedging DerivativeFinancialAssetsHeldForHedging	8069000000	eur
CY2022Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Assets AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets	-3749000000	eur
CY2022Q4	san	Total Financial Assets Remaining TotalFinancialAssetsRemaining	177081000000	eur
CY2022Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	115185000000	eur
CY2022Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	55947000000	eur
CY2022Q4	ifrs-full	Derivative Financial Liabilities Held For Hedging DerivativeFinancialLiabilitiesHeldForHedging	9228000000	eur
CY2022Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Liabilities AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities	-117000000	eur
CY2022Q4	san	Total Financial Liabilities Remaining TotalFinancialLiabilitiesRemaining	180243000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	116953000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialAssetsAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	15957000000	eur
CY2021Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	5536000000	eur
CY2021Q4	ifrs-full	Fair Value Of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome	2453000000	eur
CY2021Q4	ifrs-full	Derivative Financial Assets Held For Hedging DerivativeFinancialAssetsHeldForHedging	4761000000	eur
CY2021Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Assets AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets	410000000	eur
CY2021Q4	san	Total Financial Assets Remaining TotalFinancialAssetsRemaining	146070000000	eur
CY2021Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	79469000000	eur
CY2021Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	32733000000	eur
CY2021Q4	ifrs-full	Derivative Financial Liabilities Held For Hedging DerivativeFinancialLiabilitiesHeldForHedging	5463000000	eur
CY2021Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Liabilities AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities	248000000	eur
CY2021Q4	san	Total Financial Liabilities Remaining TotalFinancialLiabilitiesRemaining	117913000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	114945000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialAssetsAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	48717000000	eur
CY2020Q4	ifrs-full	Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue	4486000000	eur
CY2020Q4	ifrs-full	Fair Value Of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome	2783000000	eur
CY2020Q4	ifrs-full	Derivative Financial Assets Held For Hedging DerivativeFinancialAssetsHeldForHedging	8325000000	eur
CY2020Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Assets AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets	1980000000	eur
CY2020Q4	san	Total Financial Assets Remaining TotalFinancialAssetsRemaining	181236000000	eur
CY2020Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading	81167000000	eur
CY2020Q4	ifrs-full	Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition FinancialLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition	48038000000	eur
CY2020Q4	ifrs-full	Derivative Financial Liabilities Held For Hedging DerivativeFinancialLiabilitiesHeldForHedging	6869000000	eur
CY2020Q4	ifrs-full	Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Liabilities AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities	286000000	eur
CY2020Q4	san	Total Financial Liabilities Remaining TotalFinancialLiabilitiesRemaining	136360000000	eur
CY2022	ifrs-full	Disclosure Of Entitys Reportable Segments Explanatory DisclosureOfEntitysReportableSegmentsExplanatory	Primary and secondary segments reporting<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander bases segment reporting on financial information presented to the chief operating decision maker, which excludes certain statutory results items that distort year-on-year comparisons and are not considered for management reporting. This financial information (underlying basis) is computed by adjusting reported results for the effects of certain gains and losses (e.g. capital gains, write-downs, impairment of goodwill, etc.). These gains and losses are items that management and investors ordinarily identify and consider separately to better understand the underlying trends in the business.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has aligned the information in this note with the underlying information used internally for management reporting and with that presented in Grupo Santander's other public documents.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander executive committee has been determined to be its chief operating decision maker. Grupo Santander's operating segments reflect its organizational and managerial structures. Grupo Santander 's executive committee reviews internal reporting based on these segments to assess performance and allocate resources.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The segments are split by geographic area in which profits are earned and type of business. Grupo Santander prepares the information by aggregating the figures for Grupo Santander’s various geographic areas and business units, relating it to both the accounting data of the units integrated in each segment and that provided by management information systems. The same general principles as those used in Grupo Santander are applied.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander announced at 4 April 2022 changes in the reportable segments to reflect the new reporting structure effective from the first quarter financial information of 2022.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">The main changes, which have been applied to management information for all periods included in the annual accounts, relate to the following:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">1.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%;padding-left:4.12pt">Reallocation of certain financial costs of the Corporate Centre as follows:</span></div><div style="margin-bottom:9pt;padding-left:19.84pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%;padding-left:1.73pt">Further clarity in the minimum requirement for own funds and eligible liabilities (MREL) and total loss absorbing capacity (TLAC) regulation makes it possible to allocate the cost of eligible debt issuances to the country units.</span></div><div style="margin-bottom:9pt;padding-left:19.84pt;text-indent:-8.5pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">b.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%;padding-left:1.41pt">Other financial costs, primarily associated with the cost of funding the excess capital held by the units above the Group's CET1 ratio, have been reassigned accordingly.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">2.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%;padding-left:4.12pt">Downsizing of 'Other Europe':</span></div><div style="margin-bottom:9pt;padding-left:22.68pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">a.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%;padding-left:4.57pt">The Corporate & Investment Banking branches of Banco Santander, S.A. in Europe and other business lines previously reported under 'Other Europe' have been now integrated into the Spain unit to reflect how the business will be managed and supervised, in line with other regions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander recasted the corresponding information of earlier periods considering the changes included in this section to facilitate a homogeneous comparison.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to these changes, we completed the usual annual adjustment of the perimeter of the Global Customer Relationship Model between Retail Banking and Santander Corporate & Investment Banking and between Retail Banking and Wealth Management & Insurance.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The above-mentioned changes have no impact on the Group’s reported consolidated financial statements. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Primary segments</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This primary level of segmentation, which is based on the Group’s management structure, comprises five reportable segments: four operating areas plus the Corporate Centre. The operating areas are:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Europe: which comprises all business activity carried out in the region, except that included in Digital Consumer Bank.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">North America: which comprises all the business activities carried out in Mexico and the US, which includes the holding company (SHUSA) and the businesses of Santander Bank, Santander Consumer USA, the specialized business unit Banco Santander International, Santander Investment Securities (SIS), Santander's New York branch and Amherst Pierpont Securities (APS).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">South America: includes all the financial activities carried out by Grupo Santander through its banks and subsidiary banks in the region.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Digital Consumer Bank: includes Santander Consumer Finance, which incorporates the entire consumer finance business in Europe, Openbank and ODS.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to these operating units, which report by geographic area and businesses, Grupo Santander continues to maintain the area of Corporate Centre, that includes the centralized activities relating to equity stakes in financial companies, financial management of the structural exchange rate position, assumed within the sphere of Grupo Santander’s assets and liabilities committee, as well as management of liquidity and of shareholders’ equity via issuances.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As Grupo Santander’s holding entity, this area manages all capital and reserves and allocations of capital and liquidity with the rest of businesses. It also incorporates amortization of goodwill but not the costs related to the Grupo Santander’s central services (charged to the areas), except for corporate and institutional expenses related to the Grupo Santander’s functioning.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With regard to the balance sheet, due to the required segregation of the various business units (included in a single consolidated balance sheet), the amounts lent and borrowed between the units are shown as increases in the assets and liabilities of each business. These amounts relating to intra-Group liquidity are eliminated and are shown in the Intra-Group eliminations column in the table below in order to reconcile the amounts contributed by each business unit to the consolidated Grupo Santander's balance sheet. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There are no customers located in any of the areas that generate income exceeding 10% of Total income.</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The condensed balance sheets and income statements of the various primary segments are as follows:</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.939%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Intra-Group eliminations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">958,207</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">288,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">292,925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">151,015</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">262,218</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(218,301)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,734,659</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">591,280 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171,519 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144,812 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122,608 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,785 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,036,004 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, balances at central banks and credit institutions and other deposits on demand</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">216,308 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,607 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,358 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123,230 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(126,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">313,736 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76,318 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,060 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">57,106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,644 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,588 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">193,716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial assets</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,737 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,668 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,854 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,564 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,741 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,795 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,262 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">124,344 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(92,223)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">915,167</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">262,931</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">268,417</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">137,986</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">178,651</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(126,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,637,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">659,553 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168,748 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">137,661 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,544 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">895 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,025,401 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,254 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,921 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(126,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164,785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,731 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,733 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">280,339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,008 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,883 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,445 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,820 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">309 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">124,465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,621 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,943 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,327 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,704 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,489 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,084 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">43,040</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,664</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,508</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,029</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">83,567</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(92,223)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,585</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other customer funds under management</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100,178</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,571</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">65,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70,084 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,949 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,156 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">142,189 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,021 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">880 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,670 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other non-managed marketed customer funds </span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,305</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,908</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,077</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,089</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">48,379</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including Trading derivatives and Equity instruments.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Investments in joint ventures and associated entities, Assets under insurance or reinsurance contracts, tangible assets, intangible assets, tax assets, other assets and non-current assets held for sale.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Including Trading derivatives, Short positions and Other financial liabilities.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Liabilities under insurance or reinsurance contracts, provisions, tax liabilities, other liabilities and liabilities associated with non-current assets held for sale.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:32.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.236%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Intra-Group eliminations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">943,875</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">244,734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">257,805</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">148,005</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">215,467</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(214,051)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,595,835</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">590,610 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">137,428 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123,920 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,937 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,787 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">972,682 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, balances at central banks and credit institutions and other deposits on demand</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">219,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,857 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88,918 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(125,195)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">282,672 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">67,068 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163,853 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial assets</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,555 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,864 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,793 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,394 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,491 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,937 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(88,856)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100,764 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">899,007</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">216,048</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">237,375</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">135,599</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">135,950</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(125,197)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,498,782</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">619,486 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">121,989 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120,500 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,327 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,042 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">918,344 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,257 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,152 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,600 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(125,197)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,629 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,061 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,461 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,710 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,302 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">246,163 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,706 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,652 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,397 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95,675 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,929 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,610 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,565 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,868</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,686</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,430</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,406</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">79,517</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(88,854)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,053</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other customer funds under management</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114,698</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,949</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">57,428</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">186,927</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,641 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,112 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,234 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">145,987 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,994 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,078 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,753 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">852 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,862 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other non-managed marketed customer funds </span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,572</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,213</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,497</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">48,385</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including Trading derivatives and Equity instruments.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Investments in joint ventures and associated entities, Assets under insurance or reinsurance contracts, tangible assets, intangible assets, tax assets, other assets and non-current assets held for sale.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Including Trading derivatives, Short positions and Other financial liabilities.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Including' Hedging derivatives', Changes in the fair value of hedged items in portfolio hedges of interest risk, Liabilities under insurance or reinsurance contracts, provisions, tax liabilities, other liabilities and liabilities associated with non-current assets held for sale.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.939%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Intra-Group eliminations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">909,304</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">223,797</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">238,746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">137,155</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">182,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(183,339)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,508,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">563,581 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120,571 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,745 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,258 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,044 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">916,199 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, balances at central banks and credit institutions and other deposits on demand</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">180,245 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,666 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,058 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(99,501)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">225,796 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81,271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,917 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176,554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial assets</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,313 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,342 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,645 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,769 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,894 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,718 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,150 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,807 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(83,838)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">106,932 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">866,949</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199,789</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">218,927</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">124,720</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">106,044</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(99,501)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,416,928</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">582,353 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102,924 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111,808 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,399 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">826 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">849,310 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">133,973 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,071 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,049 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,046 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,041 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(99,501)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">184,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84,201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,583 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,965 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">57,240 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">235,269 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,634 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,370 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,135 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,444 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,535 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">42,355</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,008</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,819</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,435</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">76,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(83,838)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">91,322</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other customer funds under management</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">99,301</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,501</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">55,965</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">475</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">168,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,239 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,864 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,850 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">131,965 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,487 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,577 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,575 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">475 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,712 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other non-managed marketed customer funds</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,913</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">72</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,563</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including 'Trading derivatives' and 'Equity instruments'.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Including 'Hedging derivatives', 'Changes in the fair value of hedged items in portfolio hedges of interest risk', 'Investments in joint ventures and associated entities'', 'Assets under insurance or reinsurance contracts', 'Tangible assets', 'Intangible assets', 'Tax assets', other assets and non-current assets held for sale.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Including Trading derivatives, Short positions and Other financial liabilities.</span></div><div style="margin-bottom:24pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Liabilities under insurance or reinsurance contracts, provisions, tax liabilities, other liabilities and liabilities associated with non-current assets held for sale.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The condensed income statements for the primary segments are as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:37.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate centre</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,565</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,705</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,979</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(652)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,493 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,958 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,515 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">843 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">204 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,291 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(723)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(761)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">344 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">18,030</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,316</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">18,024</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,269</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,485)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,154</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,523)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,871)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,675)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,462)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,903)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,507</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,445</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,349</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,857)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,396)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,538)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,041)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,509)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,629)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(118)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(174)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,492)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,482</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,789</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,236</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,021)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,492)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(869)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,549)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(549)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,486)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,990</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,687</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,990</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,687</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">179 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">557 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">379 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,159 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,811</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,877</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,308</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,049)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,605</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">'Net Operating Income' is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">'Net loan-loss provisions' refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 27 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except a release EUR 27 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognised in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,574</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,072</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,307</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,041</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(624)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,370</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,344 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,644 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,721 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,502 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">756 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">260 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">914 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(407)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,854</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,337</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,099</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(820)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,404</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,318)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,967)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,379)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,405)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(346)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,415)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,616</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,887</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,958</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,694</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,166)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,989</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,210)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,251)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(527)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,436)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,290)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(145)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(474)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(194)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(190)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,033</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,532</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,233</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,973</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,511)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,212)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,016)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,360)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(464)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,076)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,821</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,821</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">556 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">556 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">345 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,530 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,750</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,960</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,317</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,164</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,537)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,654</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">'Net Operating Income' is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">'Loan loss provisions' refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 29 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 29 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognised in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.827%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consumer</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Bank</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,518</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,394</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,710</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,014</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(642)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,994</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,000 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,684 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,589 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">771 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,015 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">868 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">765 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(106)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">628 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(209)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,957</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,855</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,917</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(409)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,275)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,677)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,357)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,329)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(329)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,967)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,005</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,498</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,588</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(738)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,633</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,345)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,917)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,924)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(957)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,174)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(970)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(132)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(320)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(412)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,785)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,690</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,231</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,680</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,181)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(476)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(550)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,918)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(421)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(151)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,516)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,681</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,259</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,681</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,259</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">261 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">437 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">301 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,136</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,420</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,899</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">958</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">'Net Operating Income' is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">'Net loan-loss provisions' refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 50 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 50 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognised in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">b) Secondary segments</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At this secondary level, Grupo Santander is structured into Retail Banking, Santander Corporate & Investment Banking (SCIB), Wealth Management & Insurance (WM&I) and PagoNxt.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Retail Banking: this covers all customer banking businesses, including consumer finance, except those of corporate banking which are managed through Santander Corporate & Investment Banking, asset management, private banking and insurance, which are managed by WM&I. The results of the hedging positions in each country are also included, conducted within the sphere of their respective assets and liabilities committees.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Santander Corporate & Investment Banking (SCIB): this business reflects revenue from global corporate banking, investment banking and markets worldwide including treasuries managed globally (always after the appropriate distribution with Retail Banking customers), as well as equity business.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Wealth Management & Insurance: includes the asset management business (Santander Asset Management), the corporate unit of Private Banking and International Private Banking in Miami and Switzerland (Santander Private Banking) and the insurance business (Santander Insurance).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">PagoNxt: this includes digital payment solutions, providing global technology solutions for Grupo Santander's banks and new customers in the open market. It is structured in four businesses: Merchant, International Trade, Payments and Consumer.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Although WM&I and PagoNxt do not meet the quantitative thresholds defined in IFRS 8, these segments are considered reportable by Grupo Santander and are disclosed separately because Grupo Santander's management believes that information about these segments are useful to users of the financial statements.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">There are no customers located in a place different from the location of the Group's assets that generate revenues in excess of 10% of ordinary revenues.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The condensed income statements are as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.827%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> Underlying income statement (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Retail Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Corporate & Investment Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Wealth Management & Insurance</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">PagoNxt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,544</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">825</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(652)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,650 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,988 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,291 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">881 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">435 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,833 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(723)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(280)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">369 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">42,685</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,396</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,608</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">953</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,485)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,154</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18,568)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,898)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,041)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,024)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,903)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,117</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,498</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,567</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,857)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,210)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(251)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,509)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,135)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(174)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,492)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,772</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,116</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,527</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,021)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,931)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,119)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(347)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(63)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,486)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit/(loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,841</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,997</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,180</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(204)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit/(loss) from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,841</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,997</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,180</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(204)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">895 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">192 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,159 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,946</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,805</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(216)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,049)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,605</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 27 million mainly corresponding to the results by commitments and contingent risks included in the line provisions or reversal of provisions, net of the statutory income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 27 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:37.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.828%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Retail Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Corporate & Investment Banking (SCIB)</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Wealth Management & Insurance</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">PagoNxt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,921</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">477</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(624)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,370</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,045 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,744 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,248 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,502 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">839 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">416 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,869</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,241</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">495</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(820)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,404</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,102)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,380)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(914)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(673)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(346)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,415)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,767</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,327</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(178)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,166)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,989</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,082)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(151)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(38)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,436)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,053)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(190)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,632</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,071</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(227)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,511)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,898)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(821)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(309)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,076)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit/(loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">986</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit/(loss) from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">986</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,345 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">137 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,530 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,389</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,113</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">942</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(253)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,537)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,654</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 29 million mainly corresponding to the results by commitments and contingent risks included in the line provisions or reversal of provisions, net of the statutory income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except a release of EUR 29 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:37.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.828%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Retail Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Corporate & Investment Banking (SCIB)</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Wealth Management & Insurance</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">PagoNxt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total </span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,401</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,842</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">394</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(642)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,994</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,986 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,154 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">362 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,015 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">670 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(153)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">383 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37,366</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,256</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,030</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">357</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(409)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,285)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,038)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(872)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(443)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(329)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,967)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,218</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(86)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(738)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,633</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11,633)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(470)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,174)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,238)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(412)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,785)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,131</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(100)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,181)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,328)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(750)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(272)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(151)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,516)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit/(loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,882</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,864</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">859</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit/(loss) from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,882</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,864</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">859</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">921 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,961</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(116)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 50 million mainly corresponding to the results by commitments and contingent risks included in the line provisions or reversal of provisions, net of the statutory income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except a release of EUR 50 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div style="margin-bottom:6pt;padding-right:263.62pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">c) Reconciliations of reportable segment results</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The tables below reconcile the underlying basis results to the statutory results for each of the periods presented as required by IFRS 8. For the purposes of these reconciliations, all material reconciling items are separately identified and described.</span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander assets and liabilities for management reporting purposes do not differ from the statutory reported figures and therefore are not reconciled.</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:65.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.160%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reconciliation of underlying results to statutory results</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying results</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Adjustments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Statutory results</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,154</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(37)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,117</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,903)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,903)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(37)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,509)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(327)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,836)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,492)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">364 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,128)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,486)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,486)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Adjusted profit for the year from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Profit from discontinued operations (net)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,159)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,605</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,605</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 27 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="margin-bottom:15pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except for a release of EUR 27 million mainly corresponding to results from commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Explanation of adjustments:</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Mainly, payment holidays in Poland.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:65.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.160%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reconciliation of underlying results to statutory results</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying results</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Adjustments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Statutory results</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,370</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,370</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,502 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,502 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,404</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,404</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,415)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,415)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,989</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,989</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,436)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,436)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(713)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,006)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(713)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,547</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,076)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">182 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,894)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Adjusted profit for the year from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(531)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,653</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Profit from discontinued operations (net)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(531)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,653</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,530)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,529)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,654</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(530)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,124</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 29 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="margin-bottom:27pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except for an addition of EUR 29 million mainly corresponding to results from commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Explanation of adjustments:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Restructuring costs for net impact of EUR -530 million, mainly in the United Kingdom and Portugal.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:65.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.160%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Reconciliation of underlying results to statutory results</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying results</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Adjustments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Statutory results</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,994</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,994</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,015 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,015 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(321)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(321)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,279</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation </span></td><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,967)</span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(163)</span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,130)</span></td><td style="border-top:1pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,633</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(484)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,149</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,174)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(258)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,432)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,785)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11,008)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,793)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax </span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(11,750)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,076)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,516)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,116)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,632)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Adjusted profit for the year from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(13,866)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,708)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Profit from discontinued operations (net)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(13,866)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(7,708)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,063 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(13,852)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(8,771)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 50 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="margin-bottom:18pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 50 million mainly corresponding to results from commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Explanation of adjustments:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Adjustment to the valuation of goodwill arising from the Group's acquisitions in the amount of EUR -10,100 million, which is included in the line 'Other gains (losses) and provisions'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Adjustment to the valuation of the deferred tax assets of the consolidated tax group in Spain in the amount of EUR -2,500 million, which is included in the 'Tax on profit' line.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;text-indent:10.91pt"><span><br/></span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Restructuring costs with a net impact of EUR -1,114 million, which are included for their gross amount mainly in the line 'Other gains (losses) and provisions'.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Other charges of EUR -138 million (related to sales of non-performing loans in Spain, cancellation of pension commitment costs and other expenses), which are recorded gross in 'Other gains (losses) and provisions', 'Net loan-loss provision' and 'Administrative expenses and depreciation and amortization'.</span></div></div></div>
CY2022	san	Number Of Reportable Segments NumberOfReportableSegments	5	segment
CY2022	san	Number Of Operating Areas NumberOfOperatingAreas	4	operatingareas
CY2022	ifrs-full	Disclosure Of Operating Segments Explanatory DisclosureOfOperatingSegmentsExplanatory	<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The condensed balance sheets and income statements of the various primary segments are as follows:</span></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.939%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Intra-Group eliminations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">958,207</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">288,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">292,925</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">151,015</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">262,218</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(218,301)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,734,659</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">591,280 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171,519 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144,812 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122,608 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,785 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,036,004 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, balances at central banks and credit institutions and other deposits on demand</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">216,308 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,607 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,358 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,311 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123,230 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(126,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">313,736 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">76,318 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,060 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">57,106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,644 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,588 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">193,716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial assets</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,737 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,668 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,854 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">190 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,720 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,564 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,741 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,795 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,262 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">124,344 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(92,223)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,483 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">915,167</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">262,931</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">268,417</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">137,986</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">178,651</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(126,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,637,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">659,553 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">168,748 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">137,661 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,544 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">895 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,025,401 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,254 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,921 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,225 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(126,078)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">164,785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,731 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,749 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,733 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">280,339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,008 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,883 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,445 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,820 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">309 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">124,465 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,621 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,943 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,327 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,704 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,489 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,084 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">43,040</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,664</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,508</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,029</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">83,567</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(92,223)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,585</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other customer funds under management</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">100,178</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,571</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">65,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">181,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">70,084 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,949 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,156 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">142,189 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,021 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,095 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">880 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,670 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other non-managed marketed customer funds </span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,305</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,908</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,077</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,089</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">48,379</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including Trading derivatives and Equity instruments.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Investments in joint ventures and associated entities, Assets under insurance or reinsurance contracts, tangible assets, intangible assets, tax assets, other assets and non-current assets held for sale.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Including Trading derivatives, Short positions and Other financial liabilities.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Liabilities under insurance or reinsurance contracts, provisions, tax liabilities, other liabilities and liabilities associated with non-current assets held for sale.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:32.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.236%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Intra-Group eliminations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">943,875</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">244,734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">257,805</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">148,005</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">215,467</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(214,051)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,595,835</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">590,610 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">137,428 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123,920 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,937 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,787 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">972,682 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, balances at central banks and credit institutions and other deposits on demand</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">219,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,857 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,134 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,804 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">88,918 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(125,195)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">282,672 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">67,068 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,500 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,451 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">163,853 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial assets</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,250 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,555 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,203 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75,864 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,793 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,394 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,491 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,937 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(88,856)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100,764 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">899,007</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">216,048</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">237,375</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">135,599</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">135,950</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(125,197)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,498,782</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">619,486 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">121,989 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120,500 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,327 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,042 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">918,344 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,257 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,152 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,600 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(125,197)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201,189 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">73,629 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,061 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,461 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,710 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,302 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">246,163 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,706 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,652 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,490 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,397 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">430 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95,675 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,929 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,610 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,565 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,113 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,411 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,868</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,686</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,430</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,406</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">79,517</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(88,854)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,053</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other customer funds under management</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114,698</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,949</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">57,428</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">186,927</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,641 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,112 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,234 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">145,987 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,994 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,078 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,063 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,753 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,194 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">852 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,862 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other non-managed marketed customer funds </span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">25,572</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,213</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">103</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,497</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">48,385</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including Trading derivatives and Equity instruments.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Investments in joint ventures and associated entities, Assets under insurance or reinsurance contracts, tangible assets, intangible assets, tax assets, other assets and non-current assets held for sale.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Including Trading derivatives, Short positions and Other financial liabilities.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Including' Hedging derivatives', Changes in the fair value of hedged items in portfolio hedges of interest risk, Liabilities under insurance or reinsurance contracts, provisions, tax liabilities, other liabilities and liabilities associated with non-current assets held for sale.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.939%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="21" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Intra-Group eliminations</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets </span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">909,304</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">223,797</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">238,746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">137,155</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">182,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(183,339)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,508,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances to customers</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">563,581 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">120,571 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,745 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,258 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,044 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">916,199 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, balances at central banks and credit institutions and other deposits on demand</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">180,245 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,666 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,058 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(99,501)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">225,796 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">81,271 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,304 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,917 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">176,554 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial assets</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48,313 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,342 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,645 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,769 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other asset accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,894 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,718 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,150 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,807 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(83,838)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">106,932 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">866,949</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">199,789</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">218,927</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">124,720</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">106,044</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(99,501)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,416,928</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Customer deposits</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">582,353 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">102,924 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111,808 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,399 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">826 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">849,310 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">133,973 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,071 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,049 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,046 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,041 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(99,501)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">184,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">84,201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,583 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,280 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,965 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">57,240 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">235,269 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial liabilities</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,634 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,182 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,370 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,135 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities accounts</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,788 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,029 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,334 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,940 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,444 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,535 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total equity</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">42,355</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,008</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,819</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,435</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">76,543</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(83,838)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">91,322</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other customer funds under management</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">99,301</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,501</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">55,965</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">475</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">168,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Investment funds</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71,239 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,864 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49,850 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">131,965 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pension funds</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,487 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,577 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Assets under management</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,575 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,547 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">475 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,712 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other non-managed marketed customer funds</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,913</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">72</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,563</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Including 'Trading derivatives' and 'Equity instruments'.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Including 'Hedging derivatives', 'Changes in the fair value of hedged items in portfolio hedges of interest risk', 'Investments in joint ventures and associated entities'', 'Assets under insurance or reinsurance contracts', 'Tangible assets', 'Intangible assets', 'Tax assets', other assets and non-current assets held for sale.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Including Trading derivatives, Short positions and Other financial liabilities.</span></div><div style="margin-bottom:24pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Including Hedging derivatives, Changes in the fair value of hedged items in portfolio hedges of interest risk, Liabilities under insurance or reinsurance contracts, provisions, tax liabilities, other liabilities and liabilities associated with non-current assets held for sale.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The condensed income statements for the primary segments are as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:37.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate centre</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,565</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,705</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,979</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(652)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,493 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,958 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,515 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">843 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">204 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,291 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(723)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">449 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(761)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">344 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">18,030</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,316</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">18,024</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,269</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,485)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,154</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,523)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,871)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6,675)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,462)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,903)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,507</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,445</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,349</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,857)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,396)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,538)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,041)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,509)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,629)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(118)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(544)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(174)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,492)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,482</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,789</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,236</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,021)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,492)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(869)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,549)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(549)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,486)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,990</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,687</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,990</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,920</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,215</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,687</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">179 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">557 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">379 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,159 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,811</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,877</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,308</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,049)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,605</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">'Net Operating Income' is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">'Net loan-loss provisions' refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 27 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except a release EUR 27 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognised in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.976%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,574</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,072</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,307</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,041</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(624)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,370</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,344 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,644 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,721 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">821 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,502 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">756 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">224 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">716 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">260 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">914 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(407)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">229 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,934</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,854</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,337</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,099</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(820)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,404</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,318)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,967)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,379)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,405)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(346)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,415)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,616</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,887</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,958</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,694</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,166)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,989</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,210)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,251)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(527)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,436)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,290)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(145)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(474)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(194)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(190)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,033</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,532</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,233</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,973</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,511)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,212)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,016)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,360)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(464)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,076)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,821</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,821</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,516</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,509</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">556 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">556 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">345 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,530 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,750</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,960</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,317</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,164</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,537)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,654</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">'Net Operating Income' is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">'Loan loss provisions' refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 29 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 29 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognised in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.827%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consumer</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Bank</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,518</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,394</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,710</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,014</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(642)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,994</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,000 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,684 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,589 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">771 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,015 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">868 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">251 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">765 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(106)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">628 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(209)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">116 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,957</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,855</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,917</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(409)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,275)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,677)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,357)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,329)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(329)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,967)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,005</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,280</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,498</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,588</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(738)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,633</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,345)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,917)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,924)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(957)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,174)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(970)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(132)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(320)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(412)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,785)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,690</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,231</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,254</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,680</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,181)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(476)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(550)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,918)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(421)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(151)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,516)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,681</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,259</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,214</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,681</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,336</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,259</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">261 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">437 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">301 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,136</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,420</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,899</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">958</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">'Net Operating Income' is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">'Net loan-loss provisions' refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 50 million mainly corresponding to the results by commitments and contingent risks includes in the line of the statutory income statement of provisions or reversal of provisions.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 50 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognised in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The condensed income statements are as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:38.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.827%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"> Underlying income statement (condensed)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Retail Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Corporate & Investment Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Wealth Management & Insurance</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">PagoNxt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,880</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,544</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">825</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(652)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,650 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,988 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,291 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">881 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,790 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">435 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,833 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(723)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(280)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">369 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(91)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">42,685</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,396</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,608</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">953</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,485)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52,154</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18,568)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,898)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,041)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,024)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(372)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(23,903)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,117</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,498</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,567</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(71)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,857)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">28,251</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,210)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(251)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(44)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10,509)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,135)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(131)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(26)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(174)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,492)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11,772</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,116</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,527</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,021)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,931)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,119)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(347)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(63)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4,486)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit/(loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,841</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,997</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,180</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(204)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit/(loss) from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,841</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,997</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,180</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(204)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,048)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,764</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">895 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">192 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,159 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,946</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,805</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,120</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(216)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(2,049)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,605</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes an addition of EUR 27 million mainly corresponding to the results by commitments and contingent risks included in the line provisions or reversal of provisions, net of the statutory income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except an addition of EUR 27 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:37.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.828%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Retail Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Corporate & Investment Banking (SCIB)</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Wealth Management & Insurance</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">PagoNxt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,595</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,921</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">477</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(624)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,370</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,045 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,744 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,248 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,502 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">839 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(141)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,563 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">390 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">416 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(27)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">38,869</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,619</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,241</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">495</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(820)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">46,404</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,102)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,380)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(914)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(673)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(346)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(21,415)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21,767</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,239</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,327</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(178)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,166)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,989</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,082)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(151)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(38)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(155)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,436)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,053)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(39)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(190)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,293)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,632</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,071</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,295</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(227)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,511)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,898)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(821)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(309)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,076)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit/(loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">986</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit/(loss) from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,734</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,250</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">986</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(251)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,535)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,184</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,345 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">137 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,530 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,389</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,113</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">942</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(253)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,537)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,654</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 29 million mainly corresponding to the results by commitments and contingent risks included in the line provisions or reversal of provisions, net of the statutory income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except a release of EUR 29 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:37.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.828%"/><td style="width:0.1%"/></tr><tr><td colspan="21" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="18" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Underlying income statement (condensed) </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Retail Banking</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Santander Corporate & Investment Banking (SCIB)</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Wealth Management & Insurance</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">PagoNxt</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total </span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,401</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,842</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">394</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(642)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,994</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net fee income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,986 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,154 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">362 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(29)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,015 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains (losses) on financial transactions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">670 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,187 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(153)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">202 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">383 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(25)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">37,366</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,256</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,030</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">357</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(409)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">44,600</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Administrative expenses, depreciation and amortisation</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,285)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,038)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(872)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(443)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(329)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,967)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net operating income</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,218</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(86)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(738)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,633</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net loan-loss provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">D</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11,633)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(470)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(28)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(31)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12,174)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other gains (losses) and provisions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">E</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,238)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(134)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(412)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,785)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Operating profit/(loss) before tax</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,210</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,614</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,131</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(100)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,181)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,674</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Tax on profit</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2,328)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(750)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(272)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(151)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,516)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Profit/(loss) from continuing operations</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,882</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,864</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">859</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Net profit/(loss) from discontinued operations</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consolidated profit/(loss)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,882</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,864</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">859</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(115)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,158</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">921 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,077 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Attributable profit/(loss) to the parent</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,961</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,746</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">822</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(116)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">(1,332)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,081</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Gains (losses) on financial transactions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net, Gain or losses on financial assets and liabilities held for trading, net, Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss, net, Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net, Gain or losses from hedge accounting, net and Exchange differences, net.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Other operating income includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Dividend income; Income from companies accounted for using the equity method, Other operating income, Other operating expenses, Income from assets under insurance or reinsurance contracts and Expenses from liabilities under insurance or reinsurance contracts. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Net Operating Income is used for the Group’s internal reporting and management reporting purposes but is not a line item in the statutory consolidated income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">D.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5pt">Net loan-loss provisions refers to Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss and net gains and losses from changes line item in the statutory income statement. Additionally, includes a release of EUR 50 million mainly corresponding to the results by commitments and contingent risks included in the line provisions or reversal of provisions, net of the statutory income statement.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">E.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.9pt">Other gains (losses) and provisions includes the following line items in the statutory income statement, which are presented net for internal reporting and management reporting purposes: Provisions or reversal of provisions except a release of EUR 50 million mainly corresponding to the results by commitments and contingent risks; Impairment of investments in joint ventures and associates, net; Impairment on non-financial assets, net; Gains or losses on non-financial assets, net; Negative goodwill recognized in results and Gains or losses on non-current assets held for sale not classified as discontinued operations.</span></div>
CY2022Q4	ifrs-full	Assets Assets	1734659000000	eur
CY2022Q4	san	Cash Cash Equivalents And Loans And Advances To Central Banks And Credit Institutions CashCashEquivalentsAndLoansAndAdvancesToCentralBanksAndCreditInstitutions	313736000000	eur
CY2022Q4	ifrs-full	Other Financial Assets OtherFinancialAssets	82720000000	eur
CY2022Q4	san	Other Current And Non Current Non Financial Assets OtherCurrentAndNonCurrentNonFinancialAssets	108483000000	eur
CY2022Q4	ifrs-full	Liabilities Liabilities	1637074000000	eur
CY2022Q4	san	Other Financial Liabilities Including Trading Derivatives Short Positions And Other Financial Liabilities OtherFinancialLiabilitiesIncludingTradingDerivativesShortPositionsAndOtherFinancialLiabilities	124465000000	eur
CY2022Q4	san	Other Liabilities Accounts OtherLiabilitiesAccounts	42084000000	eur
CY2022Q4	ifrs-full	Equity Equity	97585000000	eur
CY2022Q4	san	Other Customer Funds Under Management OtherCustomerFundsUnderManagement	181880000000	eur
CY2022Q4	san	Other Customer Investments Funds Under Management OtherCustomerInvestmentsFundsUnderManagement	142189000000	eur
CY2022Q4	san	Other Customer Retirement Benefit Funds Under Management OtherCustomerRetirementBenefitFundsUnderManagement	14021000000	eur
CY2022Q4	san	Other Customer Assets Funds Under Management OtherCustomerAssetsFundsUnderManagement	25670000000	eur
CY2022Q4	san	Other Non Managed Marketed Customer Funds OtherNonManagedMarketedCustomerFunds	48379000000	eur
CY2021Q4	ifrs-full	Assets Assets	1595835000000	eur
CY2021Q4	san	Cash Cash Equivalents And Loans And Advances To Central Banks And Credit Institutions CashCashEquivalentsAndLoansAndAdvancesToCentralBanksAndCreditInstitutions	282672000000	eur
CY2021Q4	ifrs-full	Other Financial Assets OtherFinancialAssets	75864000000	eur
CY2021Q4	san	Other Current And Non Current Non Financial Assets OtherCurrentAndNonCurrentNonFinancialAssets	100764000000	eur
CY2021Q4	ifrs-full	Liabilities Liabilities	1498782000000	eur
CY2021Q4	san	Other Financial Liabilities Including Trading Derivatives Short Positions And Other Financial Liabilities OtherFinancialLiabilitiesIncludingTradingDerivativesShortPositionsAndOtherFinancialLiabilities	95675000000	eur
CY2021Q4	san	Other Liabilities Accounts OtherLiabilitiesAccounts	37411000000	eur
CY2021Q4	ifrs-full	Equity Equity	97053000000	eur
CY2021Q4	san	Other Customer Funds Under Management OtherCustomerFundsUnderManagement	186927000000	eur
CY2021Q4	san	Other Customer Investments Funds Under Management OtherCustomerInvestmentsFundsUnderManagement	145987000000	eur
CY2021Q4	san	Other Customer Retirement Benefit Funds Under Management OtherCustomerRetirementBenefitFundsUnderManagement	16078000000	eur
CY2021Q4	san	Other Customer Assets Funds Under Management OtherCustomerAssetsFundsUnderManagement	24862000000	eur
CY2021Q4	san	Other Non Managed Marketed Customer Funds OtherNonManagedMarketedCustomerFunds	48385000000	eur
CY2020Q4	ifrs-full	Assets Assets	1508250000000	eur
CY2020Q4	san	Cash Cash Equivalents And Loans And Advances To Central Banks And Credit Institutions CashCashEquivalentsAndLoansAndAdvancesToCentralBanksAndCreditInstitutions	225796000000	eur
CY2020Q4	ifrs-full	Other Financial Assets OtherFinancialAssets	82769000000	eur
CY2020Q4	san	Other Current And Non Current Non Financial Assets OtherCurrentAndNonCurrentNonFinancialAssets	106932000000	eur
CY2020Q4	ifrs-full	Liabilities Liabilities	1416928000000	eur
CY2020Q4	san	Other Financial Liabilities Including Trading Derivatives Short Positions And Other Financial Liabilities OtherFinancialLiabilitiesIncludingTradingDerivativesShortPositionsAndOtherFinancialLiabilities	108135000000	eur
CY2020Q4	san	Other Liabilities Accounts OtherLiabilitiesAccounts	39535000000	eur
CY2020Q4	ifrs-full	Equity Equity	91322000000	eur
CY2020Q4	san	Other Customer Funds Under Management OtherCustomerFundsUnderManagement	168254000000	eur
CY2020Q4	san	Other Customer Investments Funds Under Management OtherCustomerInvestmentsFundsUnderManagement	131965000000	eur
CY2020Q4	san	Other Customer Retirement Benefit Funds Under Management OtherCustomerRetirementBenefitFundsUnderManagement	15577000000	eur
CY2020Q4	san	Other Customer Assets Funds Under Management OtherCustomerAssetsFundsUnderManagement	20712000000	eur
CY2020Q4	san	Other Non Managed Marketed Customer Funds OtherNonManagedMarketedCustomerFunds	38563000000	eur
CY2021	san	Provision Release Corresponding To Results From Commitments And Contingent Risks Net Of The Statutory Income Statement ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisksNetOfTheStatutoryIncomeStatement	-29000000	eur
CY2021	san	Provision Release Corresponding To Results From Commitments And Contingent Risks Net Of The Statutory Income Statement ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisksNetOfTheStatutoryIncomeStatement	-29000000	eur
CY2020	san	Provision Release Corresponding To Results From Commitments And Contingent Risks Net Of The Statutory Income Statement ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisksNetOfTheStatutoryIncomeStatement	-50000000	eur
CY2020	san	Provision Release Corresponding To Results From Commitments And Contingent Risks Net Of The Statutory Income Statement ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisksNetOfTheStatutoryIncomeStatement	-50000000	eur
CY2022	san	Provision Release Corresponding To Results From Commitments And Contingent Risks ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisks	-27000000	eur
CY2022	ifrs-full	Interest Revenue Expense InterestRevenueExpense	38619000000	eur
CY2022	ifrs-full	Fee And Commission Income Expense FeeAndCommissionIncomeExpense	11790000000	eur
CY2022	ifrs-full	Other Gains Losses OtherGainsLosses	1653000000	eur
CY2022	san	Other Operating Income Expense Segment Reporting OtherOperatingIncomeExpenseSegmentReporting	55000000	eur
CY2022	ifrs-full	Gross Profit GrossProfit	52117000000	eur
CY2022	san	Administrative Expenses Depreciation And Amortisation AdministrativeExpensesDepreciationAndAmortisation	23903000000	eur
CY2022	san	Net Operating Income Expense Segment Reporting NetOperatingIncomeExpenseSegmentReporting	28214000000	eur
CY2022	san	Impairment And Reversal Of Impairment On Financial Assets Net ImpairmentAndReversalOfImpairmentOnFinancialAssetsNet	10836000000	eur
CY2022	san	Other Non Financial Gains Losses OtherNonFinancialGainsLosses	-2128000000	eur
CY2022	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	15250000000	eur
CY2022	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	4486000000	eur
CY2022	ifrs-full	Profit Loss From Continuing Operations ProfitLossFromContinuingOperations	10764000000	eur
CY2022	ifrs-full	Profit Loss From Discontinued Operations ProfitLossFromDiscontinuedOperations	0	eur
CY2022	ifrs-full	Profit Loss ProfitLoss	10764000000	eur
CY2022	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1159000000	eur
CY2022	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	9605000000	eur
CY2022	san	Provision Release Corresponding To Results From Commitments And Contingent Risks ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisks	-27000000	eur
CY2021	ifrs-full	Interest Revenue Expense InterestRevenueExpense	33370000000	eur
CY2021	ifrs-full	Fee And Commission Income Expense FeeAndCommissionIncomeExpense	10502000000	eur
CY2021	ifrs-full	Other Gains Losses OtherGainsLosses	1563000000	eur
CY2021	san	Other Operating Income Expense Segment Reporting OtherOperatingIncomeExpenseSegmentReporting	969000000	eur
CY2021	ifrs-full	Gross Profit GrossProfit	46404000000	eur
CY2021	san	Administrative Expenses Depreciation And Amortisation AdministrativeExpensesDepreciationAndAmortisation	21415000000	eur
CY2021	san	Net Operating Income Expense Segment Reporting NetOperatingIncomeExpenseSegmentReporting	24989000000	eur
CY2021	san	Impairment And Reversal Of Impairment On Financial Assets Net ImpairmentAndReversalOfImpairmentOnFinancialAssetsNet	7436000000	eur
CY2021	san	Other Non Financial Gains Losses OtherNonFinancialGainsLosses	-3006000000	eur
CY2021	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	14547000000	eur
CY2021	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	4894000000	eur
CY2021	ifrs-full	Profit Loss From Continuing Operations ProfitLossFromContinuingOperations	9653000000	eur
CY2021	ifrs-full	Profit Loss From Discontinued Operations ProfitLossFromDiscontinuedOperations	0	eur
CY2021	ifrs-full	Profit Loss ProfitLoss	9653000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1529000000	eur
CY2021	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	8124000000	eur
CY2021	san	Provision Release Corresponding To Results From Commitments And Contingent Risks ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisks	29000000	eur
CY2021	san	Provision Release Corresponding To Results From Commitments And Contingent Risks ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisks	29000000	eur
CY2020	ifrs-full	Interest Revenue Expense InterestRevenueExpense	31994000000	eur
CY2020	ifrs-full	Fee And Commission Income Expense FeeAndCommissionIncomeExpense	10015000000	eur
CY2020	ifrs-full	Other Gains Losses OtherGainsLosses	2187000000	eur
CY2020	san	Other Operating Income Expense Segment Reporting OtherOperatingIncomeExpenseSegmentReporting	83000000	eur
CY2020	ifrs-full	Gross Profit GrossProfit	44279000000	eur
CY2020	san	Administrative Expenses Depreciation And Amortisation AdministrativeExpensesDepreciationAndAmortisation	21130000000	eur
CY2020	san	Net Operating Income Expense Segment Reporting NetOperatingIncomeExpenseSegmentReporting	23149000000	eur
CY2020	san	Impairment And Reversal Of Impairment On Financial Assets Net ImpairmentAndReversalOfImpairmentOnFinancialAssetsNet	12432000000	eur
CY2020	san	Other Non Financial Gains Losses OtherNonFinancialGainsLosses	-12793000000	eur
CY2020	ifrs-full	Profit Loss Before Tax ProfitLossBeforeTax	-2076000000	eur
CY2020	ifrs-full	Income Tax Expense Continuing Operations IncomeTaxExpenseContinuingOperations	5632000000	eur
CY2020	ifrs-full	Profit Loss From Continuing Operations ProfitLossFromContinuingOperations	-7708000000	eur
CY2020	ifrs-full	Profit Loss From Discontinued Operations ProfitLossFromDiscontinuedOperations	0	eur
CY2020	ifrs-full	Profit Loss ProfitLoss	-7708000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Noncontrolling Interests ProfitLossAttributableToNoncontrollingInterests	1063000000	eur
CY2020	ifrs-full	Profit Loss Attributable To Owners Of Parent ProfitLossAttributableToOwnersOfParent	-8771000000	eur
CY2020	san	Provision Release Corresponding To Results From Commitments And Contingent Risks ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisks	50000000	eur
CY2020	san	Provision Release Corresponding To Results From Commitments And Contingent Risks ProvisionReleaseCorrespondingToResultsFromCommitmentsAndContingentRisks	50000000	eur
CY2022	ifrs-full	Disclosure Of Related Party Explanatory DisclosureOfRelatedPartyExplanatory	Related parties<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The parties related to the Group are deemed to include, in addition to its subsidiaries, associates and joint ventures, the Bank's key management personnel (the members of its board of directors and the executive vice presidents, together with their close family members) and the entities over which the key management personnel may exercise significant influence or control. </span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following below is the balance sheet balances and amounts of the Group's income statement corresponding to operations with the parties related to it, distinguishing between associates and joint ventures, members of the Bank's board of directors, the Bank's executive vice presidents, and other related parties. Related-party transactions were made on terms equivalent to those that prevail in arm's-length transactions or, when this was not the case, the related compensation in kind was recognized.</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.198%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associates and joint ventures</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Members of the board of directors</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Executive vicepresident</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other related parties</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">455</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">227 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">489 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,822 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">455 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">256 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,611</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">109</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">938 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,301 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">372 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Income statement</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,357</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">189 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/losses on financial assets and liabilities and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(225)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(88)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,535</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">79</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees granted and Others</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loan commitments and Other commitments granted</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivative financial instruments</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,323 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.198%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associates and joint ventures</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Members of the board of directors</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Executive vicepresident</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other related parties</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,386</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">384</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">131 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">437 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,148 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">384 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,405</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">197</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">867 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,464 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">197 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Income statement</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,265</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/losses on financial assets and liabilities and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,268 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,965</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">76</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees granted and Others</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loan commitments and Other commitments granted</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivative financial instruments</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,640 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.198%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associates and joint ventures</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Members of the board of directors</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Executive vicepresident</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other related parties</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">95</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">562 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,593</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">159</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">944 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,557 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">159 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Income statement</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,269</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">106 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/losses on financial assets and liabilities and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees granted and Others</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loan commitments and Other commitments granted</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">253 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivative financial instruments</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,830 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The remaining required information is detailed in notes 5 and 46.c.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div>
CY2022	ifrs-full	Disclosure Of Transactions Between Related Parties Explanatory DisclosureOfTransactionsBetweenRelatedPartiesExplanatory	<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following below is the balance sheet balances and amounts of the Group's income statement corresponding to operations with the parties related to it, distinguishing between associates and joint ventures, members of the Bank's board of directors, the Bank's executive vice presidents, and other related parties. Related-party transactions were made on terms equivalent to those that prevail in arm's-length transactions or, when this was not the case, the related compensation in kind was recognized.</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.198%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associates and joint ventures</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Members of the board of directors</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Executive vicepresident</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other related parties</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">455</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">227 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">489 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,822 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">455 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">463 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">256 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,611</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">109</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">938 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,301 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">372 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Income statement</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,357</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">189 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/losses on financial assets and liabilities and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(225)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,541 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(88)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,535</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">79</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees granted and Others</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loan commitments and Other commitments granted</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">201 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivative financial instruments</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,323 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.198%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associates and joint ventures</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Members of the board of directors</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Executive vicepresident</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other related parties</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,386</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">384</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">131 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">437 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,148 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">384 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">496 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">174 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,405</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">197</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">867 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,464 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">197 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Income statement</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,265</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/losses on financial assets and liabilities and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,268 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(48)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,965</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">76</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees granted and Others</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loan commitments and Other commitments granted</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">314 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivative financial instruments</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,640 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:33.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.198%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Associates and joint ventures</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Members of the board of directors</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Executive vicepresident</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other related parties</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 7.75pt 2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,473</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">95</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: credit institutions</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">562 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,593</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">159</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: credit institutions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">944 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities: customers</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,557 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">159 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Marketable debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Income statement</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,269</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest income</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">106 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gains/losses on financial assets and liabilities and others</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission income</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,154 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commission expense</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(32)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">52</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial guarantees granted and Others</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loan commitments and Other commitments granted</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">253 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Derivative financial instruments</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,830 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022	ifrs-full	Disclosure Of Financial Risk Management Explanatory DisclosureOfFinancialRiskManagementExplanatory	Risk management<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">a) Risk principles and culture</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The principles on which Grupo Santander's risk management and control are based are detailed below. They take into account regulatory requirements, best market practices and are mandatory:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">1.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.96pt">All employees are risk managers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> who must understand the risks associated with their functions and not assume risks that will exceed the Group’s risk appetite or have an unknown impact.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">2.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.96pt">Senior managers</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> must make sure Grupo Santander keeps its risk profile within risk appetite, with consistent risk conduct, action, communications, and oversight of our risk culture.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">3.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.96pt">Independent risk management and control functions</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">, according to the three lines of defence model of Grupo Santander.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">4.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.96pt">Grupo Santander takes a forward-looking, comprehensive approach </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">towards all businesses and risk types.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">5.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.96pt">Santander keeps thorough and timely reporting </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">to properly pinpoint, assess, manage and disclose risks.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">1. Key risk types</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">Grupo Santander's risks categorization ensures effective risk management, control and reporting. The risk framework distinguishes these risk types: </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Credit risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> relates to financial loss arising from the default or credit quality deterioration of a customer or counterparty, to which Santander has directly provided credit or assumed a contractual obligation.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Market risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> results from changes in interest rates, exchange rates, equities, commodities and other market factors, and from their effect on profit or capital. It includes the structural risk relates to market movements or balance sheets behaviour will change the value or profit generation of assets or liabilities in the banking book.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Liquidity risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> occurs if liquid financial resources are insufficient or too costly to obtain in order to meet liabilities when they fall due.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Capital risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> is the risk that arises from the possibility of having an inadequate quantity or quality of capital to meet internal business objectives, regulatory requirements or market expectations in the area of structural risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander also takes into account, on an ongoing basis in its management of the risk function, operational (includes fraud, technological, cyber, legal and conduct risks), financial crime (includes, among others, money laundering, terrorism financing, violation of international sanctions, corruption, bribery and tax evasion), model, structural (includes risks associated with insurance and pensions), reputational and strategic risks.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Besides, environmental and climate-related risk drivers are considered as factors that could impact the existing risks in the medium-to-long-term. These elements include, on the one hand, those derived from the physical effects of climate change, generated by one-off events as well as by chronic changes in the environment and, on the other hand, those derived from the process of transition to a development model with lower emissions, including legislative, technological or behaviour of economic agents changes.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Climate change and environmental risk could affect other risks in different time horizons on account of physical damage, as well as factors relating to the transition to a more sustainable economy, such as legislative reform, technology and economic agents. Given the nature of its operations, the Group has no environment-related liabilities, expenses, assets or contingencies of a material relevance to its consolidated equity, financial situation and results. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Most exposures in sectors potentially affected by climate change risk are with wholesale clients, whose preliminary reviews, credit approval and credit ratings take such risk into account. Customers’ ratings determine the parameters for calculating loan loss (typically in terms of probability of default or “PD”). Thus, when climate factors are relevant, in conjunction with other elements of analysis, they have an impact on the loan loss calculations which support capital and provisions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group also passed the recent regulatory climate stress tests, which had been classified as learning exercises for the industry. Results showed that the Group’s coverage for potential losses would be sufficient in view of portfolio maturity over time. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Therefore, based on the best information available at the time these consolidated annual financial statements were prepared, the Group sees no additional environmental or climate change risk having a substantial impact on its equity, financial situation and results in 2022. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Still, this matter is constantly changing, and, like other banks, the Group is working on developing more methodologies to better measure potential loan loss in line with new management needs, best practice, and regulators’ and supervisors’ requirements</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:10.5pt;font-weight:400;line-height:121%">.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">2. Risk and compliance governance</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander robust risk and compliance governance structure allows us to conduct effective oversight in line with our risk appetite. It stands on three lines of defence, a structure of committees and strong Group-subsidiary relations, guided by our risk culture, Risk Pro.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">2.1 Lines of defence</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander model of three lines of defence effectively manages and controls risks:</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:2.42pt">First line:</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> formed by business and support areas, which are primarily accountable for managing the risk exposure they originate, recognizes, measures, monitors and reports on risks according to risk management policies, models and procedures. Risk origination must be consistent with the approved risk appetite and related limits. </span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:2.42pt">Second line:</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> formed by risk and compliance & conduct functions, independently oversees and challenges risk management at the first line of defence to make sure Grupo Santander keeps risks within risk appetite approved by senior management and promote Risk Pro in the Group.</span></div><div style="margin-bottom:9pt;padding-left:21.26pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">–</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:2.42pt">Third line: </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Internal audit function, is fully independent to give the board and senior managers assurance of high-quality and efficient risk governance and management to preserve our value, solvency and reputation. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Risk, compliance & conduct, and internal audit are sufficiently separate and autonomous functions, with direct access to the board and its committees.</span></div><div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">2.2 Risk committee structure</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%"> board of directors </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">has final oversight of risk management and compliance promoting a sound risk culture and reviewing and approving risk appetite and frameworks, with support from its risk, regulation and compliance committee and its executive committee. The Group's risk governance keeps risk control and risk-taking areas separate.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">Group chief risk officer (Group CRO)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">, who </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8.5pt;font-weight:400;line-height:121%">leads the application and execution of </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">risk strategy and promotes proper risk culture, is in charge of overseeing all risks and challenging and advising business lines on risk management.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">Group chief compliance officer (Group CCO)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">, who handles compliance risk and </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8.5pt;font-weight:400;line-height:121%">leads the application and execution of</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> the compliance and conduct risk strategy and provides the Group CRO with a complete overview on the situation of risks being monitored. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group CRO and the Group CCO report directly to both the risk supervision, regulation and compliance committee and the board of directors.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:107%">The executive risk, risk control and compliance and conduct committees are executive committees with powers delegated from the board.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Furthermore, risk functions have forums and regular meetings to manage and control the risks within their purview. Executive committees also delegate some duties to subordinate forums.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Their responsibilities include: </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Inform the Group CRO, the Group CCO, the risk control committee and the compliance and conduct committee if risks are being managed within risk appetite;</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Regularly monitor each key risk type; and</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Overseeing measures to meet supervisors and auditors' expectations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Besides, Grupo Santander, in order to establish an adequate control environment for the management of each risk types, the Risk and Compliance and Conduct functions have effective internal regulation to create the right environment to manage and control all risks.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">Grupo Santander can also implement extra governance measures for special situations, as it did with Brexit and the covid-19 crisis. Since the beginning of the war in Ukraine, Santander has strengthened the monitoring of all risks, with special attention to the situation in Poland, monitoring of macroeconomic performance, vulnerable sectors/customers, cybersecurity, among other. In addition, the compliance team have continuously reviewed the application of the sanctions. Santander has no presence in, or hardly any direct exposure to, Russia and Ukraine. Our special situations governance enabled the Group to remain resilient against the consequences of the war in Ukraine.</span></div><div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">2.3 The Group's relationship with subsidiaries</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander subsidiaries have a model for managing risk, compliance and conduct that is consistent with the frameworks approved by the group’s board of directors, which they adhere to through their own boards and can only adapt to higher standards according to local law and regulation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Furthermore, the Group's aggregate oversight area advises and validates subsidiaries on internal regulation and operations. This reinforces a common risk management model across Santander.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022, Grupo Santander continued to build on our Group-subsidiaries’ model through a regional approach, benefiting from the Group's global scale to find synergy for standard operations and platforms; to streamline processes; and tighten control mechanisms to grow our business.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group CRO, the Group CCO and regional heads of risk are involved in appointing, setting objectives for, reviewing and compensating their country-unit counterparts to promote proper risk management. Each subsidiary CRO/CCO interacts regularly with the regional head of risk, the Group CRO and the Group CCO in regional or country control meetings.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Local and global risk and compliance areas also meet to address special matters. Country and regional units work closely to effectively strengthen group-subsidiary relations through these common initiatives:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">restructuring based on subsidiary benchmarks, strategic vision, and advanced risk management infrastructures and practices.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">exchange of best practices that will strengthen processes, drive innovation and result in a quantitative impact. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">search for talent in risk and compliance teams with internal mobility through the global risk talent programme and strong succession plans.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3. Management processes and tools</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander has these effective risk management processes and tools:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.1 Risk appetite and structure of limits</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Risk appetite is the aggregate level and types of risk that Grupo Santander deems prudent for our business strategy, even in unforeseen circumstances. In Grupo Santander, these principles influence risk appetite:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Risk appetite is part of the board's duties. It prepares the risk appetite statement (RAS) for the whole Group every year. In a cascading down process, each subsidiary's board also sets its own risk appetite.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Comprehensiveness and forward-looking approach. Our appetite includes of all material risks that Santander are exposed to and defines our target risk profile for the current and medium term with a forward-looking view considering stress scenarios. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Common standards and embedding in the day-to-day risk management. Common standards and embedding in the day-to-day risk management. The Group shares the same risk appetite model, which sets common requirements for processes, metrics, governance bodies, controls and standards.. It also ensures an effective and traceable embedding of our appetite into more granular management policies and limits across our subsidiaries.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Continuous adaptation to market best practices, regulatory requirements and supervisors’ expectations. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Aligning with business plans and strategy. The risk appetite is a key point of reference for strategic and business planning. Grupo Santander verifies that the three-year strategic plans, the annual budget and capital and liquidity planning are within the limits set in the RAS before Santander approves them.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's risk appetite and business model rest on the following elements: </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">A medium-low, predictable target risk profile, centred on retail and commercial banking, internationally diversified operations and a strong market share;</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Stable, recurrent earnings and shareholder remuneration, sustained by a sound base of capital, liquidity and sources of funding;</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Autonomous subsidiaries that are self-sufficient in terms of capital and liquidity to ensure their risk profiles won't compromise the Group’s solvency;</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">An independent Risk function and a senior management actively engaged in supporting a robust control environment and risk culture; and </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">A conduct model that protects our customers and our Simple, Personal and Fair culture. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The risk appetite is expressed through qualitative statements and limits on metrics representative of the bank’s risk profile at present and under stress. Those metrics cover all risk types according to our corporate risk framework. Grupo Santander articulates them in five axes that provide the Bank with a holistic view of all risks it incurs in the development of its business model. These five axes are applicable to all Santander's key risk types, and comprise:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">P&L volatility: Control of P&L volatility of business plan under baseline and stressed conditions (aligned with ICAAP stress test)</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Solvency: Control of capital ratios under baseline and stressed scenarios (aligned with ICAAP)</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Liquidity: Control of liquidity ratios under base and stress scenarios (aligned with ILAAP) </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Concentration: Control of credit concentration on top clients, portfolios and industries</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Non financial: Control on non financial risks aimed to minimize events which could lead to financial loss, operative, technological, legal and regulatory breaches, conduct issues or reputational damage.</span></div>b) Credit risk<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">1. Introduction to the credit risk treatment</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Credit risk is the risk of financial loss due to the failure to pay or impaired credit of a customer or counterparty Grupo Santander has financed or maintains a contractual obligation with. It includes counterparty risk, country risk and sovereign risk. It is our most significant risk in terms of exposure and capital consumption.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span id="i789974b415e54195b841228dddf49c92_71185"/><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Credit risk management</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander takes a holistic view of the credit risk cycle, including the transaction, the customer and the portfolio, in order to identify, analyse, control and decide on credit risk. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Credit risk identification facilitates active and effective portfolio management and control. Grupo Santander classify external and internal risk in each business to adopt any corrective or mitigating measures through:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">1.1. Planning</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander´s planning helps to set business targets and draw up action plans within our risk appetite statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Strategic commercial plans (SCP) are a management and control tool the business and risk areas prepare for Grupo Santander's credit portfolios. They determine commercial strategies, risk policies, resources and infrastructure, ensuring a holistic view of the portfolios. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">They provide managers with an updated view of portfolio credit quality to measure credit risk, run internal controls to regularly monitor credit strategy detect significant risk deviation and potential impacts, and take corrective action. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">They are suited to the Grupo Santander's risk appetite and subsidiaries’ capital targets, having been reviewed and pre-approved by senior managers before Group management revises and validates them. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">1.2. Risk assessment and credit rating</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Risk approval generally depends on the applicant’s ability to repay the debt, regardless of any collateral or personal guarantees the Bank requires. Grupo Santander reviews their regular sources of income, including funds and net cash flows from any businesses. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander monitors credit rating drivers to calibrate the decisions and ratings that Group credit quality assessment models determine. Risk management uses these ratings for many things like applying approval limits, pre-approvals, monitoring risk, and policies on pricing credit.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander then uses rating models to measure ability to pay. Depending on each segment, credit rating drivers can be:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Rating: from mathematical algorithms that have a quantitative model based on balance sheet ratios or macroeconomic variables, and a qualitative module supplemented by the credit analyst’s expert judgement. It is used for SCIB, corporate, institutional and SME segments (with individualised treatment).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Scoring: system of automatic evaluation of loan applications. It automatically assigns customers an individual score retail on which the subsequent decision is based. It is used for SME segments without an assigned analyst.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's parameter estimation models, based on econometric models of past defaults and losses, calculate economic and regulatory capital as well as IFRS 9 provisions for each customer portfolio.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander regularly monitors and evaluates models' suitability, predictive capacity, performance, granularity, and compliance with policy, among other factors. Grupo Santander reviews ratings with the latest financial and other relevant information to assess credit risk due to depreciation caused by customers’ lower creditworthiness and manage credit portfolios according to the risk appetite and profile target set out in SCPs, with exposure limits adjusted to an acceptable level for each portfolio and counterparty and for new loan originations.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander uses SCPs to manage credit portfolios, defining limits for each of them and for new originations, in line with the Group´s credit risk appetite and its target risk profile. Transposing the risk appetite to portfolio management strengthens controls over our credit portfolios.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander´s limits, pre-classifications and pre-approvals processes, which are highly automated and digitalized, determine the risk Grupo Santander can assume with each customer. Limits are approved by the executive risk committee (or delegated committees) and should reflect a transaction’s expected risk-return. Santander also uses risk-based pricing tools to make sure portfolio growth is sustainable.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander applies various limits models to each segment: </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.11pt">Large corporate groups are subject to a pre-classification model based on a system for measuring and monitoring economic capital. Pre-classification models express the level of risk Grupo Santander is willing to assume in transactions with customers/groups.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.11pt">Corporates and institutions that meet certain requirements (strong relationships, rating, etc.) are subject to a simpler pre-classification model that sets a recommended risk level for each customer. Transactions above certain limits or with special characteristics could require approval from a senior credit analyst or a committee.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Transactions with large corporates, corporates and institutions above certain limits or with special characteristics could require approval from a senior credit analyst or a committee.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.11pt">For individual customers and SMEs with low turnover, Grupo Santander manages large volumes of credit transactions with automatic decision models to classify customers and transactions.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">1.3. Scenario analysis</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander´s scenario analyses determine the potential risks in its credit portfolios and provide a better understanding of our portfolios' performance under various macroeconomic conditions. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">They allow us to anticipate management strategies that will avoid future deviations from defined plans and targets. They simulate the impact of alternative scenarios in portfolios’ credit parameters (PD, LGD) and expected credit losses. Grupo Santander compares findings with portfolios’ credit profile indicators to find the right measures for managers to take. Credit risk management of portfolios and SCPs incorporate scenario analyses.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">1.4. Monitoring</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regularly monitoring business performance and comparing it to pre-defined plans is key to our management of risk. Grupo Santander's holistic monitoring of customers helps detect impacts on risk performance and credit quality early. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The monitoring process considers projections on the performance of the operations and their characteristics, in addition to any variation in their classification. Anticipation and preventive monitoring uses transactional data sources and advanced analytics (early warning engine) which determines specific actions at the client level, based on the assigned monitoring classification. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Monitoring is performed by local and global risk teams and is based on customer segmentation:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">For SCIB, monitoring is initially a function of business managers and risk analysts which provide an up-to-date view of customers’ credit quality to predict a potential customer's deterioration.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">For commercial banking, institutions and SMEs assigned a credit analyst, Grupo Santander tracks customers requiring closer monitoring and review their ratings based on relevant indicators.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Monitoring of individual customers, businesses and smaller SMEs follows a system of automatic alerts to detect shifts in portfolios’ performance.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Monitoring uses the Santander Customer Assessment Note (SCAN) tool. Grupo Santander fully rolled it out in our subsidiaries in 2019. It helps set individual monitoring levels and frequencies, policies, and actions for customers based on credit quality and particular circumstances.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to monitoring customer credit quality, Grupo Santander defines control procedures to analyse portfolios and performance, as well as any deviations from planning or approved alert levels.</span></div></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">1.5. Credit risk mitigation techniques</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander generally approves risk according to a borrower’s ability to make due payment, regardless of any additional collateral or personal guarantees Santander may require to modulate exposure.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To determine ability to pay, the Group analyse funds or cash flows from businesses or other regular income, not including guarantors or loan collateral which are always considered as a secondary means of recourse.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, guarantees are to reinforce a credit transaction and mitigate a loss if the borrower defaults. Our techniques to mitigate credit risk cover various types of customer and product. Some are for specific transactions (e.g. property) or a series of transactions (e.g. derivatives netting and collateral). Santander groups them by personal guarantees (with a solvent guarantor), collateral (mainly in primary residence mortgages) and hedges with credit derivatives.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The correct acceptance of these mitigation techniques is established by ensuring their legal enforceability in all jurisdictions. The entire process is subject to internal control and effective monitoring of the valuation of the guarantees, especially mortgages.</span><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:8.5pt;font-weight:400;line-height:121%"> </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:130%">1.6. Collections & recoveries management</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Collections & recoveries, an important area in risk management, develops a global management strategy based on local economic conditions, business models and other recovery-related particulars, with a full approach and general action lines for our subsidiaries. Recovery management follows regulatory requirements set out in the EBA Guidelines on the management of non-performing and forborne exposures.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For effective and efficient recoveries management, the area segments customers based on certain aspects, using new digital channels that help create value in Collections & Recoveries. It follows hi-tech, digital procedures to handle large groups of similar customer profiles and products; but it also adapts management for customers who need an assigned manager and tailored approach. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Collections & Recoveries splits recoveries into four phases: arrears/early delinquency, default, write-offs and foreclosed assets. To recover debt, the Group always seeks alternatives to court action, like forbearance and other arrears management techniques. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander also reviews debt instruments individually and treat them as write-offs (even when they’re not past due) if the Group sees signs of irreversible impairment that suggest recovery to be remote. Though this may lead us to cancel all or part of the gross carrying amount, the Group never interrupt negotiations and legal proceedings to recover debt. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In markets where the real estate risk exposure is high, Grupo Santander can take action to quickly dispose of assets, like selling off portfolios or foreclosed assets with efficient sales instruments to recover as many on-balance-sheet assets as possible. </span></div><div style="margin-bottom:3pt;margin-top:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">2. Main aggregates and variations </span></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following are the main aggregates relating to credit risk from our activities with customers:</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.603%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.611%"/><td style="width:0.1%"/></tr><tr><td colspan="36" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Main credit risk performance metrics from activity with customers</span><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:700;line-height:105%;position:relative;top:-3.15pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="36" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">December data</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk with customers <br/>(EUR million)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit impaired loans<br/>(EUR million)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">NPL ratio (%)</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">639,996</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">636,123</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">606,997</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,186</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,822</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,272</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.37</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.12</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.34</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">293,197</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">283,953</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">272,154</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,598</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,403</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,053</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.27 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">UK</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">253,455</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">262,869</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">252,255</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,059</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,766</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,138</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.21 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Portugal</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,755</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,941</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,693</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,247</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,442</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,584</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.99 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Poland</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,350</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,497</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,578</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,268</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,210</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,496</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">185,614</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149,792</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">131,626</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,629</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,632</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,938</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.03</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.42</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.23</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">140,452</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,808</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,135</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,571</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,624</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,025</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexico</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,107</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,984</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,476</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,047</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,009</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">913</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.32 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">167,348</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">141,874</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">129,590</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,381</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,387</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,688</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6.20</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4.50</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4.39</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazil</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,801</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,702</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,712</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,705</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,182</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,429</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.57 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chile</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,811</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,479</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,826</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,384</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,838</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,051</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.99 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentina</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,844</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,481</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,418</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">198</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">93</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.08 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">125,339</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">116,989</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">116,381</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,583</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,490</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,525</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.06</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.13</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.17</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,824</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,337</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,862</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">894</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">344</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15.35</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14.38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7.08</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Group</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,124,121</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,051,115</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">989,456</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,673</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,234</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,767</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.08</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.16</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.21</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Management perimeter according to the reported segments</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes gross lending to customers, guarantees and documentary credits.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Key figures by geographic region are described below at 31 December 2022:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Europe:</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> The NPL ratio fell 75 bps to 2.37% from 2021 because impaired loans decreased significantly in the UK, and in Spain and Portugal due to the NPL portfolio sales.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">North America:</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> The NPL ratio increased 61 bps to 3.03% from 2021, mainly due to increases at SC USA motivated by the new definition of default.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">South America:</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> The NPL ratio rose 170 bp from 2021 to 6.20%, due to increases in Brazil (mainly due to the retail unsecured portfolio performance and a single name in SCIB) and Chile, offset by the decrease in Argentina.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Digital Consumer Bank:</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> The NPL ratio decreased 7 bps to 2.06%, despite the decrease in automobile financing.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">All support measures (moratoria) that the Group took in response to the covid-19 pandemic have expired, with positive behaviour thanks to economic recovery in 2021,and improved sanitary-health environment in our main geographies. Government liquidity programmes also remained in force in 2022, of which 77% of total credit granted was in Spain (77% was secured by the Instituto de Crédito Oficial - ICO), and 12% of total credit was in the UK, with 98% government-secured.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of delinquent operations with ICO guarantee, the transfer of the overdue guaranteed amounts will take place as the guarantee is executed, regardless of whether the guarantor is subrogated to the right to receive said amounts, according to the regulation of these guarantees. The derecognition of the transferred guaranteed amounts will entail the recognition, at its fair value, of a collection right against the guarantor.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group is following the measures launched by the governments of Spain, Portugal and Poland (for more information please see note 10 c.) , aimed at relieving the mortgage payment burden for vulnerable customers after the increase in interest rates.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Information on the estimation of impairment losses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The calculation of credit risk provisions is performed at financial asset level, estimating potential credit losses through the difference between the expected cash flows and the contractual cash flows, ensuring that the results are adequate considering the status of the transaction, economic conditions and available forward-looking information.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The IFRS 9 impairment model applies to financial assets valued at amortized cost; debt instruments valued at fair value with changes in other comprehensive income; leasing receivables; and commitments and guarantees not valued at fair value. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The portfolio of financial instruments subject to IFRS 9 has three credit risk categories (or stages) according to the status of each instrument in relation to its level of credit risk:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Stage 1: financial instruments with no significant increase in risk since initial recognition – the impairment provision reflects expected credit losses from defaults over the twelve months from the reporting date.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Stage 2: financial instruments with a significant credit risk increase since initial recognition but no materialized impairment event – the impairment provision reflects expected losses from defaults over the financial instrument’s residual life.</span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Stage 3: financial instruments with true signs of impairment as a result of one or more events resulting in a loss – the impairment provision reflects expected losses for credit risk over the instrument’s expected residual life.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The classification of financial instrument in the IFRS 9 stages is carried out in accordance with the guidelines through the risk management policies of the subsidiaries, which are consistent with the Group's policies.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Estimation of expected loss</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander calculates impairment losses using parameters (mainly EAD, PD, LGD and discount rate) based on internal models, the stage in which each financial asset is classified, and regulatory and management expertise. Far from being a simple adaptation, Santander defined and validated them according to specific requirements of IFRS 9 and other guidelines by regulators, supervisors and other international organizations (EBA, NCAs, BIS, GPPC, etc.), such as forward-looking information, point-in-time (PiT) vision, multiple scenarios, calculation of losses for the entire life of the transaction through lifetime PD, etc.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Determination of significant increase in credit risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In order to determine the classification in stage 2, the Group assesses whether there has been a significant increase in credit risk (SICR) since the initial recognition of the transactions, considering a series of common principles throughout the Group that guarantee that all financial instruments are subject to this assessment, which considers the particularities of each portfolio and type of product on the basis of various quantitative and qualitative indicators. Furthermore, transactions are subject to the expert judgement of the analysts, who set the thresholds under an effective integration in management and implemented according to the approved governance.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The criteria thresholds used by the Group are based on a series of principles, and develop a set of techniques. The principles are as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Universality: all financial instruments subject to a credit rating must be assessed for their possible SICR.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Proportionality: the definition of the SICR must take into account the particularities of each portfolio.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Materiality: its implementation must be also consistent with the relevance of each portfolio so as not to incur in unnecessary costs or efforts.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Holistic vision: the approach selected must be a combination of the most relevant credit risk aspects (e.g. quantitative and qualitative).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Application of IFRS 9: the approach must take into consideration IFRS 9 characteristics, focusing on a comparison with credit risk at initial recognition, as well as considering forward-looking information.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Risk management integration: the criteria must be consistent with those metrics considered in the day-to-day risk management.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Documentation: Appropriate documentation must be prepared.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The techniques are summarised below:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Stability of stage 2: in the absence of significant changes in the portfolios credit quality, the volume of assets in stage 2 should maintain a certain stability as a whole.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Economic reasonableness: at transaction level, stage 2 is expected to be a transitional rating for exposures that could eventually move to a deteriorating credit status at some point or stage 3, as well as for exposures that have suffered credit deterioration and whose credit quality is improving and returns to stage 1.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Predictive power: it is expected that the SICR definition avoids, as far as possible, direct migrations from stage 1 to stage 3 without having been previously classified in stage 2.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Time in stage 2: it is expected that the exposures do not remain categorized as stage 2 for an excessive time.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The application of the aforementioned techniques, conclude in the setting of one or several thresholds for each portfolio in each geography. Likewise, these thresholds are subject to a regular review by means of calibration tests, which may entail updating the thresholds types or their values.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Identifying a significant increase in credit risk: when classifying financial instruments under stage 2, Santander considers:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Quantitative criteria: Grupo Santander reviews and quantifies changes in the risk of default during their expected life based on their credit risk level on initial recognition.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To recognize significant changes so instruments can be classified in stage 2, each subsidiary set quantitative thresholds for its portfolios based on Santander's guidelines for consistent interpretation across all our footprint.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Of those quantitative thresholds, Grupo Santander considers two: the relative threshold, which shows the difference in credit quality since the transaction was approved as a percentage of change; and the absolute threshold, which calculates the total difference in credit quality. All subsidiaries apply them (with different values) in the same manner. The use of one or both depends on portfolio type and other aspects, such as the starting point for average credit quality.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Qualitative criteria: Several indicators aligned with ordinary credit risk management indicators (e.g. past due for over 30 days, forbearance, etc.). Each subsidiary defined these criteria for its portfolios. Santander supplements these qualitative criteria with expert opinions.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">When the presumption of a significant deterioration of credit risk is removed, due to a sufficient improvement of the credit quality, the obligor can be re-classified to Stage 1, without any probationary period in Stage 2.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Definition of default: Santander incorporated the new definition to provisions calculation according to the EBA’s guidelines; the Group is also considering applying it to prudential framework. In addition, the default definition and stage 3 have been aligned.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This definition considers the following criteria to classify exposures as stage 3: financial instruments with one or more payments more than 90 consecutive days past due, representing at least 1% of the client's total exposure or the identification of other criteria demonstrating, even in the absence of defaults, that it is unlikely that the counterparty is unlikely to meet all of its financial obligations.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group applies the default criteria to all exposures of the impaired client. Where an obligor belongs to a group, the default criteria may also be applied to all exposures of the group.</span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The default classification is maintained during the 3-month test period following the disappearance of all default indicators described above, and this period is extended to one year for forbearances that have been classified as default.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Expected life of financial instruments: Santander estimates the expected life of financial instruments according to their contractual terms (e.g. prepayments, duration, purchase options, etc.). </span></div><div style="margin-bottom:9pt;padding-left:7.08pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The contractual period (including extension options) is the maximum time frame for measuring the expected credit loss. If financial instruments have an undefined maturity period and available balance (e.g. credit cards), Santander estimates its expected life based on the total exposure period and effective management practices to mitigate exposure. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The context and monitoring of the expected credit loss was analysed and reviewed during the health crisis by covid-19 , and was reinforced with collective analysis, monitoring of government measures, monitoring of the evolution of the Group's customers, as well as remedial management actions if necessary. In terms of classification, Grupo Santander has maintained the criteria and thresholds for classification applied prior to the start of the pandemic, eliminating regulatory criteria of the effect of moratorium classification as they have expired, as well as the collective analyses associated with these groups of loans.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding moratorium measures, a rigorous identification and periodic monitoring of the credit quality of the clients and their payment behaviour have been carried out and, through a specific individual or collective evaluation, the timely detection of the significant increase in credit risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December 2022 the credit risk provisions not included any special measures or adjustments in relation to health crisis by covid-19. </span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">1.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.12pt">Forward-looking vision</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To estimate expected losses, Grupo Santander requires a great deal of expert analysis as well as past, present and future data. Santander quantifies expected losses from credit events using an unbiased, weighted consideration of up to five future scenarios that could affect our ability to collect contractual cash flows. These scenarios take into account the time value of money, the relevant information available about past events and current conditions, and projections of macroeconomic factors that are considered important to estimate this amount (e.g. GDP, house prices, rate of unemployment, among others). </span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander uses forward-looking information in internal management and regulatory processes under several scenarios. The Group's guidelines and governance ensure synergy and consistency between these different processes. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2. Additional elements</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additional elements will be required when necessary because they have not been captured under the two previous elements. This has included, among others, the analysis of sectors most affected if their impacts are not sufficiently captured by the macroeconomic scenarios. Also collective analysis techniques, when the potential impairment in a group of clients cannot be identified individually.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With the elements indicated above, Grupo Santander has evaluated in each of the geographical areas the evolution of the credit quality of its customers, for the purposes of their classification in Grupo Santander financial statements.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Management overlays</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">During the 2022, the Group has used, through its process of updating forward looking information and recalibration of parameters, the overlay related to government support measures in various countries that the Group had established as of December 31, 2021 for an amount of 1,232 millions of euros. At the end of 2022, Grupo Santander has EUR 1,471 million as management overlays that include, among others, those destined to cover the uncertainties resulting from the war in Ukraine and the current macroeconomic context.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Exposure and impaired losses</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Then, considering the most relevant units of the Group (United Kingdom, Spain, United States, Brazil, also Chile, Mexico, Portugal, Poland, Argentina and Santander Consumer Finance), which represent approximately 96% of the total Group's provisions. The table below shows the impairment losses associated with each stage as of 31 December 2022, 2021 and 2020. In addition, depending on the transactions credit quality, the exposure is divided into four categories according to Standard & Poor's rating scale:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.242%"><tr><td style="width:1.0%"/><td style="width:27.426%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.770%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ffffff;padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">172,440 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,506 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">173,946 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">394,084 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,601 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404,685 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">272,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,653 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">305,109 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,799 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,436 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,608 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65,843 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">850,779</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">66,196</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">32,608</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">949,583</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,807</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,195</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,854</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span><br/></span></div></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.242%"><tr><td style="width:1.0%"/><td style="width:27.426%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.770%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">188,434 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,844 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">190,278 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">377,008 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,954 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">388,962 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">233,779 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,292 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">278,071 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,746 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,878 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,711 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,335 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">802,967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">69,968</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,711</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903,646</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,149</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,103</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,873</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,125</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:121%"> </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.242%"><tr><td style="width:1.0%"/><td style="width:27.426%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.768%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.770%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">110,536 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,512 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,048 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">378,982 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,612 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">386,594 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">273,443 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,313 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">315,756 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,073 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,525 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,436 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,034 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">766,034</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">64,962</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">30,436</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">861,432</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,458</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,461</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,503</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Detail of credit quality ratings calculated for Group management purposes. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.48pt">Total exposure includes loan balances (drawn amounts) and off balance (letters of credit + guarantees) and excludes REPOs, FV portfolio, trading portfolio and undrawn commitments.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.7pt">Includes provisions for undrawn authorized lines (loan commitments). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The remaining units that form the totality of the Group exposure</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">, contributed EUR 123,796 million in stage 1; EUR 2,902 million in stage 2, and EUR 2,064 million in stage 3 (in 2021 EUR 102,631 million in stage 1; EUR 1,870 million in stage 2, and EUR 2,522 million in stage 3. In 2020, EUR 98,121 million in stage 1; EUR 3,613 million in stage 2, and EUR 1,322 million in stage 3), and impairment losses of EUR 147 million in stage 1; EUR 123 million for stage 2, and EUR 294 million in stage 3 (in 2021, EUR 408 million, EUR 322 million and EUR 841 million and in 2020, EUR 180 million, EUR 393 million and EUR 277 million in stage 1, stage 2 and stage 3, respectively).</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The remaining exposure, including all financial instruments not included before, amounts to EUR 538,364 million (EUR 349,228 million in 2021 and EUR 478,093 million in 2020), and it includes all undrawn authorized lines (loan commitments). </span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022, the Group had EUR 322 million</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> net of provisions (EUR 420 million and EUR 497 million at 31 December 2021 and 2020, respectively) of purchased credit-impaired assets, which relate mainly to the business combinations carried out by the Group.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding the evolution of credit risk provisions, the Group, in collaboration with the main geographical areas, monitors them by carrying out sensitivity analyses considering changes in macroeconomic scenarios and main variables that have an impact on the financial assets distribution in the different stages and calculating credit risk provisions.</span></div>Additionally, based on consistent macroeconomic scenarios, the Group also performs stress tests and sensitivity analysis in a regular basis, such as ICAAP, strategic plans, budgets and recovery and resolution plans. In this sense, a prospective view of the sensitivity of each of the Group’s loan portfolio is created in relation to the possible deviation from the base scenario, considering both the macroeconomic developments in different scenarios and the three year evolution of the business. These tests include potentially adverse and favourable scenarios.<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.Detail of the main geographical areas</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is the risk information related to the most relevant geographies in exposure and credit risk allowances.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This information includes sensitivity analysis, consisting on simulations of +/-100 bp in the main macroeconomic variables. A set of specific and complete scenarios is used in each geography, where different shocks that affect both the reference variable as well as the rest of the parameters is simulated. These shocks collect mainly the most relevant risks and may be originated by productivity, tax, wages or exchange and interest rates factors.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Sensitivity is measured as the average variation on expected loss corresponding to the aforementioned movement of +/-100 bp. Following a conservative approach, the negative movements take into account one additional standard deviation in order to reflect the potential higher variability of losses.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.1. United Kingdom</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Credit risk with customers in the UK (excluding Santander Consumer UK and Santander London Branch) declined year-on-year by 3.6% (+1.8% in local currency) to EUR 253,455 million. 22.5% of Santander’s loan portfolio is in the UK.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 1.21%, the NPL ratio fell 22 bps from December 2021, due to a significant drop in the corporates segment following covid relief measures and the positive performance of the real estate market. The profile of the different segments remains stable.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Mortgage portfolio</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Because of its size, Grupo Santander closely monitor Santander UK’s mortgage portfolio for the entity itself and the Group. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022, the mortgage portfolio of Santander UK grew by 5.5% in local currency to EUR 209,872 million. It comprises residential mortgages granted to new and existing customers which are first lien mortgages. There are no second or more liens on mortgaged properties. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The high loan origination rate observed since 2021 carried on into 2022, with very low credit risk. The economy slowdown and the interest rate hikes have moderated the increasing pace of house price increases from the second half of the year.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Information on the estimation of impairment losses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Santander's UK exposure and impairment losses associated with each of the stages at 31 December, 2022, 2021 and 2020, is shown below. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the exposure is divided in four tranches of the Standard & Poor's rating scale, according to their current credit quality:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:27.073%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.859%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,930 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">827 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">86,757 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">118,585</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,547 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">126,132 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,831</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,093 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,924 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">220</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">978 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,059 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,257 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">221,566</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,445</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,059</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">245,070</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">166</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">529</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">337</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,032</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:9.07pt;text-indent:8.93pt"><span><br/></span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:27.073%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.859%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">97,388 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,015 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,403 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">113,030</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,074</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">121,104 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,063 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,657 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,720 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">943 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,508 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,451 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">223,481</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,689</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,508</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">247,678</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">135</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">372</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">460</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">967</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span><br/></span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:27.073%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.859%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,757 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,868 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">142,308</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,116</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144,424 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,965 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,814 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51,779 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,229 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,229 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">219,030</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,041</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,229</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">241,300</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">223</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">557</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">668</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,448</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Detail of credit quality ratings calculated for Group management purposes. </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.48pt">Total exposure includes loan balances (drawn amounts) and off balance (letters of credit + guarantees) and excludes REPOs, FV portfolio, trading portfolio and undrawn commitments.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.7pt">Includes provisions for undrawn authorized lines (loan commitments).</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the estimation of expected losses, prospective information is taken into account. Specifically, Santander UK considers five macroeconomic scenarios, which are updated periodically. The evolution forecasted in 2022 for the next five years of the main macroeconomic indicators used by Santander UK to estimate expected losses is presented below:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:6pt;margin-top:18pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.427%"><tr><td style="width:1.0%"/><td style="width:39.376%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.804%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.804%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.804%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.804%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.808%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2023 - 2027</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variables</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Base scenario</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Optimistic scenario 1</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unemployment rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Housing price change</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-4.4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-4.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-3.5 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.7 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">GDP growth</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.4 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Each of the macroeconomic scenarios is associated with a given weight. In terms of allocation, Santander UK associates the highest weighting to the base scenario, while it associates the lowest weightings to the most extreme or severe scenarios. In addition, at 31 December 2022, the weights used by Santander UK reflect the future prospects of the British economy in relation to its current political and economic position so that higher weights are assigned for negative scenarios:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:47.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.183%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.183%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.186%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 3</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 2</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 1</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Base scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Optimistic scenario 1</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The sensitivity analysis of the main portfolios expected loss to variations of +/-100 bp for the macroeconomic variables used in the construction of the scenarios, as of December 2022, is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:54.317%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.191%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.192%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in Provision</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Mortgages</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporates</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">GDP Growth</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-8.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-4.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Housing price change</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-6.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-12.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Unemployment rate</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-10.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-5.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the previously mentioned management overlays, UK has constituted EUR 328 million.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With regards to the determination of classification in stage 2, the quantitative criteria applied by Santander UK are based on identifying whether any increase in PD for the expected life of the transaction is greater than both an absolute and a relative threshold (the PD used in that assessment are adjusted to the transaction's remaining term and also annualised in order to facilitate that the thresholds defined cover the whole range of the transactions maturity dates). The relative threshold established is common to all portfolios and a transaction is considered to exceed this threshold when the PD for the entire life of the transaction increases by 100% with respect to the PD at the time of initial recognition. The absolute threshold, on the other hand, is different for each portfolio depending on the characteristics of the transactions, ranging between 360 bps and 30 bps.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, for each portfolio, a series of specific qualitative criteria is defined to indicate that the exposure has experienced a significant increase in credit risk, regardless of the evolution of its PD since the time of initial recognition. Santander UK, among other criteria, considers that an operation presents a significant increase in credit risk when it presents irregular positions for more than 30 days. These criteria depend on the risk management practices of each portfolio.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.2. Spain</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Portfolio overview</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander España’s credit risk totalled EUR 293,197 million (26% of Grupo Santander’s total). It is appropriately diversified among products and customer segments.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The macroeconomic outlook is marked by an environment of high uncertainty, where there are also factors that have an opposite influence. Positive factors, such as the reactivation of tourism after the end of the pandemic was declared together with a better than expected macro economic performance, and negative factors such as high inflation and the rise in interest rates that will affect the purchasing power of families.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In this context, the activity had a different behaviour between segments, since it grew significantly in consumer credit and large corporates, but it remained stable in mortgages and decreased significantly in SMEs, as customer positions were maintained in the support and liquidity programs (financing lines of the Official Credit Institute - ICO) without having to require new financing. </span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Total credit risk increased 3.3%from December 2021. The ICO loans that were granted as a result of the pandemic (EU</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">R 25,428 million) maintain a high weight in this segment</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The credit portfolio’s NPL ratio was 3.27%, 145 lower than in December 2021. This better overall portfolio performance was driven by customer support programmes, the regularization of several restructured positions and portfolio sales.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The NPL coverage ratio remained at 51%. The cost of credit was reduced to 0.61% (-31 bps vs. December 2021). </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Information on the estimation of impairment losses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Santander Spain exposure and impairment losses associated with each of the stages at 31 December, 2022, 2021 and 2020, is shown below. In addition, the exposure is divided in four tranches of the Standard & Poor's rating scale, according to their current credit quality:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.858%"><tr><td style="width:1.0%"/><td style="width:27.871%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.658%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,133 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">447 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,580 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">107,667</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">282</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">107,949 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,296 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,388 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,684 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">253</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,234</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,893 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,380 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">191,349</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,351</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,893</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">212,593</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">507</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">666</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,472</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,645</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.858%"><tr><td style="width:1.0%"/><td style="width:27.871%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.658%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td><td colspan="3" style="display:none"/></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,978 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">352 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,330 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109,142</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">555</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">109,697 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,104 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,716 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44,820 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">129</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,024</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,761 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,914 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">186,353</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,647</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,761</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">214,761</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">580</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,005</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,007</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;padding-left:11.34pt;text-indent:-11.34pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.858%"><tr><td style="width:1.0%"/><td style="width:27.871%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.657%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.658%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,656 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,199 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39,855 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,336</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">318</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">108,654 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,294 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,533 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,827 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">336</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,008</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,762 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,106 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">187,622</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,058</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">13,762</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #A6A6A6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">214,442</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">479</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">732</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,277</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,488</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Detail of credit quality ratings calculated for Group management purposes. Excluding the SCIB branches business</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.48pt">Total exposure includes loan balances (drawn amounts) and off balance (letters of credit + guarantees) and excludes REPOs, FV portfolio, trading portfolio and undrawn commitments.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Includes provisions for undrawn authorized lines (loan commitments).</span></div><div><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the estimation of the expected losses, the prospective information is taken into account. Specifically, Santander Spain considers three macroeconomic scenarios, which are updated periodically. The projected evolution for a period of five years of the main macroeconomic indicators used by Santander Spain for estimating expected losses as of 2022, is presented below:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.813%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.813%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.815%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2023-2027</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variables</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario </span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Base scenario</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Optimistic scenario </span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unemployment rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.2 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.7 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Housing price change</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.8 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">GDP growth</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.3 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Each macroeconomic scenarios is associated with a given weight. As for its allocation, Santander Spain associates the Base scenario with the highest weight, while associating the lower weights to the most extreme scenarios:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:36.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.580%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Base scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Optimistic scenario 1</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The sensitivity analysis of the main portfolios expected loss to variations of +/-100 bp for the macroeconomic variables used in the construction of the scenarios is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:44.270%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.494%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in Provision</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Mortgages</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporates</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Others</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">GDP Growth</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-5.4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-2.9 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-2.7 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Housing price change</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-3.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-2.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-2.3 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the previously mentioned management overlays, Spain has constituted EUR 274 million.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With regards to the stage 2 classification determination, the quantitative criteria applied in Santander Spain are based on identifying whether an increase in the PD for the expected lifetime of the transaction when compared to the one at its origination is greater than an absolute threshold. The threshold established is different for each portfolio based on the transactions characteristics, considering that a transaction is above this threshold when the PD for the life of the transaction increases by a certain quantity over the initial recognized PD. The values of these thresholds depend on their calibration, carried out periodically as indicated in the preceding paragraphs, which currently ranges from 25% to 1%, depending on the type of product and estimated sensitivity. Regarding the relative threshold, all operations that exceed 200% belonging to customers with good credit quality (internal rating greater than 4) will be classified in stage 2 if they also exceed the absolute threshold. On the other hand, those customer contracts with a worse credit quality will be classified in stage 2 if it exceeds the relative threshold or the absolute threshold.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of non-retail portfolios, Santander Spain uses the transaction's rating as a reference for its PD, taking into account its rating at the time of origination and its current rating, setting absolute thresholds for the different rating bands that depend on each portfolio characteristics. A SICR implies changes in the rating value between 0.1 and 4, depending on the portfolio and the estimated sensitivity (from lower to higher credit quality, the rating range goes from 1 to 9.3).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, for each portfolio, a series of specific qualitative criteria are defined indicating that the exposure experienced a significant increase in credit risk, regardless of the evolution of its PD since the time of initial recognition. Santander Spain, among other criteria, considers that an operation presents a significant increase in credit risk when positions have been past due for more than 30 days. These criteria depend on the risk management practices of each portfolio.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Residential mortgage portfolio</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Residential mortgages in Spain, including Santander Consumer Finance business, amounted to EUR 63,688 million in 2022 (EUR 62,324 million and EUR 59,605 million in 2021 and 2020, respectively), 99.55% of which have a mortgage guarantee (99.33% and 99.35% in 2021 and 2020, respectively).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:46.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.907%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: impaired</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Home purchase loans to families</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,688 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,088 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">288 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With mortgage guarantee</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,400 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,064 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:46.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.907%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: impaired</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Home purchase loans to families</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,324 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,860 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With mortgage guarantee</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,905 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,745 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:46.887%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:24.907%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which: impaired</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Home purchase loans to families</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,605 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,850 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Without mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">387 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">With mortgage guarantee</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">59,218 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,775 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The mortgage portfolio for the acquisition of homes in Spain is characterised by its medium-low risk profile, which limits expectations of any potential additional impairment: </span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Principal is repaid on all mortgages from the start. </span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Early repayment is common so the average life of the transaction is well below that of the contract. </span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">High quality of collateral, concentrated almost exclusively in financing for first homes. </span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The average affordability rate stood at 26% (27% in 2021 and 2020). </span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">93%</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> of the portfolio has a LTV below 80% calculated as total risk/latest available house appraisal.</span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Breakdown of the credit with mortgage guarantee to households for house acquisition, according to the percentage that the total risk represents on the amount of the latest available valuation (loan to value):</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:34.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.719%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="18" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loan to value ratio</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Less than or equal to 40%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 40% and less than 60%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 60% and less than 80%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 80% and less than or equal to 100%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">More than 100%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gross amount</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,877 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,617 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,225 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,294 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,387 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">63,400 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">192 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">220 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">181 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">339 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,064 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In November 2022, Royal Decree-Law 19/2022 was published, which establishes a Code of Good Practices in response to the rise in interest rates on mortgage loans for primary residences and Royal Decree-Law 6/2012 of protection measures for mortgage debtors without resources. The entity is analysing the plausible impact based on different adherence hypotheses. The code of good practices is focused on extending the term of the operations (aids ranging between 2 and 7 years of extension).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Corporate & SME financing</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Credit risk with SME and corporates in commercial banking amounted to EUR 112,255 million, 2.3% lower than in December 2021, mainly due to the fall in the portfolio of SMEs of 4.3%. This is Santander Spain's main lending segment, accounting for 39% of the total, at the level of CIB portfolio, which in 2022 has come to include branches in Europe.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Most of the portfolio corresponds to clients who have been assigned a credit analyst, who performs continuous management of said clients during all phases of the risk cycle. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The portfolio is broadly diversified and not concentrated by sector of activity. 2021 was a year of stability in the portfolio figures after the significant growth in 2020 due to the liquidity support programmes (ICO), which after the initial grace period have begun to be amortised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The portfolio’s NPL ratio stood at 5.79% in December 2022. The NPL ratio decreased by 171 bps compared to December 2021, due to a reduction in the delinquency stock in SMEs, due to the proactive management of delinquent positions with the support of portfolio sales.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Real estate activity</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander has specialized teams that are in charge of managing real estate business production and risk areas that cover the entire life cycle of these operations.</span></div><div><span><br/></span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The changes in gross property development loans to customers were as follows:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.346%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="9" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at beginning of year</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,625</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,871</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,939</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Foreclosed assets</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(6)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reductions</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(295)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(230)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(24)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Written-off assets</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(38)</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance at end of year</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,327</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,625</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,871</span></td></tr></table></div><div style="margin-bottom:12pt;padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The NPL ratio of this portfolio ended the year at 4.04% (compared with 5.07% and 6.13% at December 2021 and 2020, respectively) due to the decrease of non-performing assets in the troubled loan portfolio and, in particular, to the sharp reduction in lending in this segment. The table below shows the distribution of the portfolio. The coverage ratio of the real estate doubtful exposure in Spain stands at 35.11% (30.08% and 32.95% in 2021 and 2020, respectively).</span></div><div style="margin-bottom:9pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Excess of gross exposure over maximum recoverable amount of effective collateral</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Specific allowance</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financing for construction and property development (including land) (business in Spain)</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,327</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">211</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which impaired</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">94</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Memorandum items written-off assets</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">487</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">—</span></td></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:69.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.221%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Memorandum items: Data from the public consolidated balance sheet</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total loans and advances to customers excluding the Public sector (business in Spain) (Book value)</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">250,702 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total consolidated assets (Total business) (Book value)</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,734,659 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Impairment losses and credit risk allowances. Coverage for unimpaired assets (business in Spain)</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,311 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At year-end, the distribution of this portfolio was as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:67.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:30.691%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans: gross amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1. Without mortgage guarantee</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2. With mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,285 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1 Completed buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1.1 Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">674 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1.2 Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">464 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 Buildings and other constructions under construction</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2.1 Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2.2 Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 Land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3.1 Developed consolidated land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3.2 Other land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Policies and strategies in place for the management of these risks</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The policies in force for the management of this portfolio are periodically reviewed and approved on a regular basis by Santander's senior management.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As has already been disclosed in this section, the Group’s anticipatory management of these risks enabled it to significantly reduce its exposure, and it has a granular, geographically diversified portfolio in which the financing of second residences accounts for a very small proportion of the total. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Mortgage lending on non-urban land represents a low percentage of mortgage exposure to land, while the remainder relates to land already classified as urban or approved for development.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The significant reduction of exposure in the case of residential financing projects in which the construction work has already been completed was based on various actions. As well as the specialised marketing channels already in existence, campaigns were carried out with the support of specific teams of managers for this function who, in the case of the Santander network, were directly supervised by the recoveries business area. These campaigns, which involved the direct management of the projects with property developers and purchasers, reducing sale prices and adapting the lending conditions to the buyers’ needs, enabled loans already in force to be subrogated. These subrogations enable to diversify its risk in a business segment that displays a clearly lower non-performing loans ratio.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of construction-phase projects that are experiencing difficulties of any kind, the policy adopted is to ensure completion of the construction work so as to obtain completed buildings that can be sold in the market. To achieve this aim, the projects are analysed on a case-by-case basis in order to adopt the most effective series of measures for each case (structured payments to suppliers to ensure completion of the work, specific schedules for drawing down amounts, etc.).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the real estate business production, the admission processes are managed by specialized teams that work in direct coordination with the commercial teams, with clearly defined policies and criteria:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Property developers with a robust solvency profile and a proven track record in the market.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Medium-high level projects, conducting to contracted demand and significant cities.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Strict criteria regarding the specific parameters of the transactions: exclusive financing for the construction cost, high percentages of accredited sales, principal residence financing, etc. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Support of financing of government-subsidised housing, with accredited sales percentages.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Restricted financing of land purchases dealt with exceptional nature.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to the permanent control performed by its risk monitoring teams, the Group has a specialist technical unit that monitors and controls this portfolio with regard to the stage of completion of construction work, planning compliance and sales control, and validates and controls progress billing payments. The Group has created a set of specific tools for this function. All mortgage distributions, amounts drawn down of any kind, changes made to the grace periods, etc. are authorised on a centralised basis.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Foreclosed properties</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2022, the net balance of these assets amounted to EUR 2,971 million (gross amount of EUR 6,422 million; recognised allowance of EUR 3,451 million, of which EUR 2,526 million related to impairment after the foreclosure date). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 31 December 2021, the net balance of these assets amounted to EUR 3,591 million (gross amount: EUR 7,364 million; recognised allowance: EUR 3,773 million, of which EUR 2,729 million related to impairment after the foreclosure date). At 31 December, 2020, the net balance of these assets amounted to EUR 3,962 million (gross amount of EUR 7,937 million; recognised allowance of EUR 3,975 million, of which EUR 2,834 million related to impairment after the foreclosure date). </span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the detail of the assets foreclosed by the businesses in Spain at the end of 2022:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:50.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross carrying amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Valuation adjustments</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Of which impairment losses on assets since time of foreclosure</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Net Carrying amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Property assets arising from financing provided to construction and property development companies</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,587</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,097</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,275</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,490</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Completed buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">713 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">583 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">743 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">341 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">157 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">127 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">184 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,115 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">556 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">559 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Buildings under construction</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">92 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">18 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">67 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">28 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">30 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">4,039 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,340 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,660 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,699 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Developed land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,286 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">689 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">415 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">597 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Other land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,753 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,651 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,245 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Property assets from home purchase mortgage loans to households</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">659</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">274</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">190</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">385</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other foreclosed property assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">176</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">80</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">61</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">96</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total property assets</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,451</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,526</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,971</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, the Group has shareholdings in entities holding foreclosed assets amounting to EUR 439 million (mainly Project Quasar Investment 2017, S.L. with EUR 405 million), and equity instruments foreclosed or received in payment of debts amounting to EUR 15 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In recent years, the Group has considered foreclosure to be a more efficient method for resolving cases of default than legal proceedings. The Group initially recognises foreclosed assets at the lower of the carrying amount of the debt (net of provisions) and the fair value of the foreclosed asset (less estimated costs to sell). Subsequent to initial recognition, the assets are measured at the lower of fair value (less costs to sell) and the amount initially recognised.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fair value of this type of assets is determined by the Group’s directors based on evidence obtained from qualified valuers or evidence of recent transactions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The management of real estate assets on the balance sheet is carried out through companies specializing in the sale of real estate that is complemented by the structure of the commercial network. The sale is realised with at prices in accordance with the market situation and the offer of wholesale buyers.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The gross movement in foreclosed properties were as follows (EUR billion):</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.097%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.961%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.963%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">EUR Billion</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gross additions</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.4</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Disposals</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.3)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.1)</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.9)</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Difference</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.1)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.7)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.4)</span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.3. United States</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander US’s credit risk increased to E</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">UR 140,452 million at the end of December 2022. It makes up 12.5% of</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> Grupo Santander's total credit risk.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lea</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ses carried out exclusively under the Stellantis Group agreement (primarily with highly creditworthy customers) dropp</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ed 1.8% to EUR 13,400 million, pr</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">oviding stable and recurring earnings. Risk management and residual value mitigation measures remain a priority.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander US includes the following business units:</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Santander Bank, National Association (SBNA)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Its activity is focused on commercial banking with 54% of the portfolio distributed in individuals, and approximately 46% in corporates. The bank's core strategic objectives include continuing to improve customer experience, growing its customer and deposit base with digital initiatives to transform business and branches, and using its deposit base to build up its Commercial Real Estate business. To maximize returns and growth, retail and commercial banking mainly consists of consumer credit, auto-lending and auto-leasing, but not mortgages or any kind of loans or lines of credit secured by collateral. In 2022 lending increased 12.8% across all segments, helped by a stronger US dollar. Excluding the FX effect, the increase was lower, standing at 6.3%. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The NPL r</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">atio increased to 1.8% (+23 bp</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> in the year) as of December 2022 the cost of credit increased to 0.36% once the provisions were normalized after the extraordinary releases of 2021 that were favoured by the fiscal support and stimulus programs still in force at that time.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Information on the estimation of impairment losses </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Santander Bank, National Association exposure and impairment losses associated with each of the stages at 31 December, 2022, 2021 and 2020, is shown below. In addition, the exposure is divided in four tranches of the Standard & Poor's rating scale, according to their current credit quality:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:34.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.950%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,884 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">145 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,029 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,768</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21,134</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,359</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,225</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,584</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">308</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">558</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">459</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,325</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">58,319</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,294</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">459</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">62,072</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">241</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">707</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:34.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.950%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,811 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">124 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,935 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,379</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,033</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,412</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,193</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,756</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,949</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">361</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">477 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">857</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">50,402</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,274</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">477</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">55,153</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">263</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">314</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">622</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:9.07pt;text-indent:8.93pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:34.085%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.950%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,284 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,332 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,821</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,730</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,551 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,350 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,459 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,809 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">518</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">403 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">951 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">42,485</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,755</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">403</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">47,643</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">344</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">316</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">42</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">702</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Detail of credit quality ratings calculated for Group management purposes.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.48pt">Total exposure includes loan balances (drawn amounts) and off-balance (letters of credit + guarantees) and excludes REPOs, FV portfolio, trading portfolio and undrawn commitments.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.7pt">Includes provisions for undrawn authorized lines (loan commitments). </span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the estimation of expected losses, prospective information is taken into account. Specifically, Santander Bank, National Association considers four macroeconomic scenarios, which are updated periodically. The evolution projected in 2022 for a period of five years of the main macroeconomic indicators used Santander Bank, National Association to estimate expected losses is presented below:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:54.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.012%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2023 - 2027</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variables</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Base scenario</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Optimistic scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate (annual averaged)</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unemployment rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">House price change</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-1.5 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.9 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.7 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">GDP growth</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Each of the macroeconomic scenarios is associated with a given weight. As for its allocation, Santander Bank, National Association associates the highest weighting to the Base scenario, while associates the lowest weightings to the most extreme scenarios:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:43.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.420%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 2</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 1</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Base scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Optimistic scenario</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:115%">The sensitivity analysis of the main portfolios expected loss to variations of +/-100 bp for the macroeconomic variables used in the construction of the scenarios as of 2022 is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:54.317%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.191%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.192%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in Provision</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Mortgages</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporates</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">GDP Growth</span></td><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.7%</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18.1%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-5.5%</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-8.2%</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Housing price change</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.8%</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.3%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-6.1%</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-9.5%</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Unemployment rate</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #A6A6A6;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-22.8%</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #A6A6A6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-33.6%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #A6A6A6;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #A6A6A6;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29.0%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #A6A6A6;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">48.0%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the previously mentioned management overlays, SBNA has constituted EUR 215 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the Stage 2 classification determination, the quantitative criteria applied at SBNA for retail portfolios uses the FICO (Fair Isaac Corporation) score at the time of origination and its current value, establishing different absolute threshold for each portfolio according to their characteristics. A SICR implies changes in that score ranging from 120 bp to 20 bp.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the case of wholesale portfolios, SBNA uses the transaction's rating as a reference for its PD, taking into account its rating at the time of origination and its current rating, setting absolute thresholds for the different rating bands that depend on each portfolio characteristics. A SICR implies changes in the rating value between 2 and 0.1, depending on the portfolio and the estimated sensitivity (from lower to higher credit quality, the rating range goes from 1 to 9.3).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, for each portfolio, a series of specific qualitative criteria are defined, which indicate that the exposure has experienced a significant increase in credit risk, regardless of the evolution of its PD since the initial recognition. Santander Bank, National Association, among other criteria, considers that a transaction presents a significant increase in credit risk when it has arrears positions for more than 30 days. These criteria depend on the risk management practices of each portfolio.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Santander Consumer USA Inc.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander Consumer USA Inc. (SC USA) presents higher risk indicators than other Santander US units due to the nature of its business, which focuses on auto finance via loans and leasing.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The focus continues to be on managing the relationship between profitability and risk, via management of prices adjusted to the credit quality of the customer/transaction, while improving the dealers' experience. Originations in the auto portfolio did not grow compared to the previous year, as a reflection of the restriction in the supply of new vehicles and the revaluation of used vehicles compared to the levels of previous years.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of 31 December 2022, risk indicators stabilized with the end of covid relief programmes for customers and government stimulus and with the new definition of default: NPLs increased </span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">to 12.1% (+584 bp in the year); and the cost of credit stood at 4.68% (+314 bp YoY). Non-performing coverage ratio fell to 87% (-89 pp in</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> the year).</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Information on the estimation of impairment losses</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Santander Consumer USA Holding Inc. exposure and impairment losses associated with each of the stages at 31 December 2022, 2021 and 2020, is shown below. In addition, the exposure is divided in four tranches of the Standard & Poor's rating scale, according to their current credit quality:</span></div><div style="margin-bottom:3pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.467%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">171 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,564 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">512 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,076 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,735 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,108 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,870 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,713 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">22,470</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,620</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,870</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,960</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">672</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,232</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,356</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.467%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">417 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">421 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">800</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">835 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,655</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,930</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,585 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">222</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,931</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,658.00 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,811 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,094</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,900</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,658</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,652</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">524</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,741</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">572</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,837</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:6pt;padding-left:11.34pt;text-indent:-11.34pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.467%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses by stage</span></td></tr><tr><td colspan="15" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">359 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">362 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,330</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,585</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,694</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,279 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">905</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,137</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,019 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,061 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">23,179</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,843</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,019</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">29,041</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">911</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,820</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">726</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,457</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Detail of credit quality ratings calculated for Group management purposes.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.48pt">Total exposure includes loan balances (drawn amounts) and off-balance (letters of credit + guarantees) and excludes REPOs, FV portfolio, trading portfolio and undrawn commitments.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.7pt">Includes provisions for undrawn authorized lines (loan commitments).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">SC USA reassessed the suitability of macroeconomic scenarios and adjusted them in light of new information. At the end of 2022, Santander updated the most recent scenarios to calculate IFRS 9 provisions by recalibrating and revising the forward-looking information and risk model parameters. In this process, it has been analysed that the scenarios and models adequately capture the macroeconomic effects on the credit risk profile, therefore no additional funds have been allocated in this regard.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the methodology used to calculate impairment losses, Santander Consumer USA Inc. uses a method for calculating expected losses based on the use of risk parameters: EAD (exposure at default), PD (probability of default) and LGD (loss given default). The expected loss is calculated by adding the estimated monthly expected losses for the entire life of the operation, unless the operation is classified in Stage 1, which will correspond to the sum of the estimated monthly expected losses during the following 12 months.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, there is an inverse relationship between the transactions credit quality and the impairment losses projections so that transactions with better credit quality require a lower expected loss. Transactions credit quality, which is reflected in the internal rating associated to each transaction or client, is shown in the probability of default of the transactions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the expected losses estimation, prospective information should be taken into account. Specifically, Santander Consumer USA Holdings Inc. considers four macroeconomic scenarios, periodically updated over a 5-year time horizon. </span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The evolution forecasted in 2022 for a period of five years of the main macroeconomic indicators used by in Santander Consumer USA Holdings Inc in the estimation of expected losses is shown below:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:54.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.012%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2023 - 2027</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variables</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Base scenario</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Optimistic scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate (annual averaged)</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unemployment rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">House price change</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-1.5 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.9 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.7 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">GDP growth</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.8 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Manheim</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> index</span></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-3.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-3.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-3.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-3.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A. US used vehicle price car index. </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Each of the macroeconomic scenarios is associated with a given weight. Santander Consumer USA Inc. associates the highest weighting to the Base scenario, whereas it associates the lowest weightings to the most extreme or acid scenarios:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:47.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.875%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.876%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 2</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario 1</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Base scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Optimistic scenario</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The sensitivity analysis of the main portfolios expected loss to variations of +/-100 bp for the macroeconomic variables used in the construction of the scenarios at the end of 2022 is as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:61.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:35.938%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in provision</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SC Auto</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Manheim index</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-2.2%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unemployment Rate</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-2.6%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">House Price Change</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.8%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">GDP growth</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.6%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.9%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the stage 2 classification determination, the quantitative criteria applied at SC USA uses the FICO (Fair Isaac Corporation) score at the time of origination and its current value, establishing different absolute threshold for each portfolio according to their characteristics. A SICR implies changes in that score ranging from 100 bp to 60 bp.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, for each portfolio, a series of specific qualitative criteria are defined, which indicate that the exposure has had a significant increase in credit risk, regardless of the evolution of its PD since the initial recognition. Santander Consumer USA Holdings Inc. among other criteria, considers that a transaction presents a significant increase in credit risk when it has irregular positions for more than 30 days. These criteria depend on the risk management practices of each portfolio.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.4. Banco Santander (Brasil) S.A.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander Brasil's credit risk amounted to EUR 101,801 million. It increased by 19% from 2021. Minus the exchange rate effect, it grew by 6.2%. As of December 2022, Santander Brasil accounts for 9% of Grupo Santander's loan book.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">SME lending grew steadily, as practically all subsegments grew in originations, especially among low-risk borrowers. As of August, the relaunch of Government Guarantee Programmes for all subsegments has contributed to the aforementioned increase in production, in order to combat the effects of generalized macroeconomic volatility.</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Lending to corpor</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ates saw robust growth. New originations had sound risk profiles, which helped keep credit quality indicators within targets and reinforced the portfolio's profitability. The more challenging environment has created some pressure; but it hasn’t had any direct effect on provisions during the year.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">2022 in Brazil was marked by economic instability and high inflation rates, although it has been declining in the second half of the year, standing at 5.8% in December (the lowest rate since February 2021).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Because of inflation, benchmark rate (“Selic”) hikes and other macroeconomic variables, together with the retail unsecured portfolio performance and a single name in SCIB in the fourth quarter, at 31 December 2022 loan-loss provisions reached EUR 4,417 million, a 63% year-on-year increase (excluding the effect of the exchange rate, the increase would remain at 38%) Cost of risk rose from 3.73% in 2021 to 4.79% in 2022. </span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="background-color:#ffffff;color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Information on the estimation of impairment losses </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail of Banco Santander (Brasil) S.A. exposure and impairment losses associated with each of the stages at 31December, 2022, 2021 and 2020, is shown below. In addition, the exposure is divided in four tranches of the Standard & Poor's rating scale, according to their current credit quality: </span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.467%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="background-color:#ffffff;border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,033 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18,074 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,902</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">342</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,244 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,269 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,195 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,464 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">432 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,547 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,705 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,684 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1.5pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">85,636</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,125</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7,705</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">101,466</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">575</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,219</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,334</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,128</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.467%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="background-color:#ffffff;border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,555 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">296 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,851 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,003</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">280</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">24,283 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27,040 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,241 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,281 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,542 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,544 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,182 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,268 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1.5pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">75,140</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,361</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,182</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">84,683</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,232</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">909</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,510</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,651</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:33.467%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.258%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.259%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="background-color:#ffffff;border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Exposure and impairment losses</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="12" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit quality </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 1</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 2</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Stage 3</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From AAA to AA-</span></td><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,226 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">97 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,323 </span></td><td style="background-color:#ffffff;border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From A+ to BB</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,460</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,572 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">From BB- to B-</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,180 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,946 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,126 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">CCC and below</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">986 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,996 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,429 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,411 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1.5pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total exposure</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">64,852</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,151</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,429</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1.5pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74,432</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1.5pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Impairment losses</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">971</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">776</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,132</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,879</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Detail of credit quality ratings calculated for Group management purposes.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.48pt">Total exposure includes loan balances (drawn amounts) and off-balance (letters of credit + guarantees) and excludes REPOs, FV portfolio, trading portfolio and undrawn commitments.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:130%;padding-left:5.7pt">Includes provisions for undrawn authorized lines (loan commitments).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">For the expected losses estimation, prospective information is taken into account. Particularly, Santander Brazil considers three macroeconomic scenarios, periodically updated. The evolution for a period of five years of the main macroeconomic indicators used to estimate the expected losses in Santander Brazil is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:36.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.580%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2023-2027</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Variables</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Pessimistic scenario</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Base scenario</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Optimistic scenario</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate (annual averaged)</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Unemployment rate</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15.2 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">House price change</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.9 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">GDP growth</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.8 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Burden income</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt;margin-top:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Each macroeconomic scenario is associated with a given weight. Regarding its assignation, Brazil links the highest weight to the base scenario whilst links the lowest weights to the most extreme scenarios:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:36.862%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.579%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.580%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Pessimistic scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Base scenario</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">80 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Optimistic scenario</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-0.01pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:119%">The sensitivity analysis of the main portfolios expected loss to variations of +/-100 bp for the macroeconomic variables used in the construction of the scenarios is at the end of 2022 as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.346%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Change in provision</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Consumer</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">GDP growth</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.3 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-1.0 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.9 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Burden income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-1.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-1.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.9 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.8 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Interest rate (SELIC)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-1.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">-0.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">100 bp</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the previously mentioned management overlays, Santander Brazil has constituted EUR 181 million .</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding the stage 2 classification determination, Santander Brazil analyses whether any increase in PD for the entire expected life of the operation is greater than the combination of an absolute threshold and a relative threshold. The established threshold is different for each portfolio depending on the characteristics of the transactions, considering that a transaction exceeds said threshold when the PD for the entire life of the transaction increases a certain amount over the PD it had at the time of initial recognition. The values of said absolute thresholds depend on their calibration, carried out periodically, currently ranging between 30% and 1% depending on the type of product and the estimated sensitivity. Regarding the relative threshold, they range mainly between 500% and 50% depending on the type of product and the estimated sensitivity.</span></div></div>In addition, for every portfolio, a set of specific qualitative criteria are defined to indicate that the exposure to credit risk has significantly risen, regardless of the evolution of its PD since the initial recognition. Santander Brazil, among other criteria, considers that an operations involves a significant increase in credit risk when it presents irregular positions for more than 30 days, but in Real State, Consigned and Financial portfolios, where, due to their particular attributes, they use a 60 days threshold. Such criteria depend upon each portfolio’s risk management practices.<div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">4. Other credit risk aspects</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">4.1. Credit risk by activity in the financial markets</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This section covers credit risk from treasury, with money market financing and counterparty risk products to satisfy the needs of customers (especially credit institutions) and the Group. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Counterparty credit risk is the risk that a customer will default before the final settlement of a transaction’s cash flows. It creates a bilateral credit risk because it can affect both parties to a transaction. It is also uncertain because it depends on market factors, which can be volatile. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander manages counterparties with several credit risk models based on their characteristics and needs. Model segmentation is by business and risk treatment and based on counterparty disclosures as well as the credit risk cycle. The exposure that the counterparty credit risk model covers includes derivatives contracts, repurchase agreements, securities and commodities lending, long settlements and margin lending.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">An infrastructure that can quickly and dynamically measure current and potential exposure with various degrees of aggregation and granularity to generate detailed reports is important for decision-making.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To measure exposure, Santander uses two methods: “Mark-to-market” (MtM) (replacement cost of derivatives), plus potential future exposure (“add-on”); and the Monte Carlo simulation for certain countries and products. In addition, Santander calculates capital at risk and unexpected loss (e.g. economic capital, net of collateral and recoveries, after deducting expected loss). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At market close, Santander recalculates its exposure by adjusting transactions to a new time horizon, adapting potential future exposure, and applying netting, collateral and other mitigants. That way, Santander can check exposure daily against the limits approved by senior management within risk appetite. For risk control, the Group uses a real-time integrated system that shows the exposure limit with a counterparty, for any product and term, in all subsidiaries. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Counterparty credit risk can also give rise to “wrong-way” risk if exposure to a portfolio or a counterparty increases but credit quality declines. It can happen when rising default risk increases exposure to a counterparty.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Another risk called “settlement risk” occurs if a party might fail to hold their end of a contract and deliver the cash or security needed to settle the transaction.</span></div><div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">4.2. Concentration risk </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Concentration risk control is a vital part of our management. The Group continuously monitors the degree of concentration of its credit risk portfolios using various criteria: geographic areas and countries, economic sectors and groups of customers.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The board, via the risk appetite framework, determines the maximum levels of concentration.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In line with these maximum levels and limits, the executive risk committee establishes the risk policies and reviews the appropriate exposure levels for the effective management of </span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">the degree of concentration in Santander’s credit risk portfolios.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander must adhere to the regulation on large risks contained in the CRR, according to which the exposure contracted by an entity with a customer or group of associated customers will be considered a large exposure when its value is equal to or greater than 10% of eligible capital.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, in order to limit large exposures, no entity may assume exposures exceeding 25% of its eligible capital with a single customer or group of associated customers, having factored in the credit risk mitigation effect contained in the regulation.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, after applying risk mitigation techniques, no group reaches the above-mentioned thresholds.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regulatory credit exposure with the 20 largest groups within the scope of large risks represented 5.6% of the outstanding credit risk with customers (lending to customers plus off-balance sheet risks) as of December 2022.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by activity and geographical area of the Group's risk concentration at 31 December 2022 is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:42.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.161%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="15" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Spain</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other EU countries</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Rest of the world</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and Credit institutions</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">367,620 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,405 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,138 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">119,005 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89,072 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">177,063 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,871 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,936 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89,458 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,798 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central government</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151,300 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,209 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,681 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,016 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,394 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other central government</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,763 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,662 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,255 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,442 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial institutions (financial business activity)</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">152,881 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,271 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,092 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,232 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,286 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-financial companies and individual entrepreneurs (non-financial business activity) (broken down by purpose)</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">440,137 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">114,556 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96,354 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">165,017 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,210 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction and property development</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,797 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,278 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,569 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,149 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,801 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Civil engineering construction</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,178 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,502 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,415 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,113 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Large companies</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">267,976 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,355 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56,243 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111,912 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,466 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SMEs and individual entrepreneurs</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144,186 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,421 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,127 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,843 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,795 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Households – other (broken down by purpose)</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">566,559 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90,597 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,133 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">141,266 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">235,563 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">361,377 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65,077 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,552 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,611 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">214,137 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Consumer loans</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">185,097 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,074 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,497 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90,609 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,917 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other purposes</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,085 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,446 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,084 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,046 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,509 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,704,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">360,700</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">339,653</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">568,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">434,929</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">For the purposes of this table, the definition of risk includes the following items in the public balance sheet: 'Loans and advances to credit institutions', 'Loans and advances to Central Banks', 'Loans and advances to Customers', 'Debt securities', 'Equity Instruments', 'Trading Derivatives', 'Hedging derivatives', 'Investments and financial guarantees given'. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">4.3 Vulnerable sectors identification </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander carries out quarterly monitoring of exposure to customers operating in sectors that could be affected by macroeconomic conditions. The monitoring involves the use of internal tools to forecast customer behaviour and trends in each sector under several macro scenarios, as well as this information:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Market information: Industries’ stock market performance. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">• Analysts’ EBITDA forecasts for the coming years.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Internal information: Changes in credit exposure, defaults (in different timelines) and stagings.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Our industry experts’ opinion, based on specific details about our exposures and our relationships with customers</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following the effects of the pandemic, in the second quarter of 2022, Grupo Santander adapted our definition of 'affected sectors' to the current backdrop of rising energy and commodity prices and high inflation, mindful of internal and external factors. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">4.4. Sovereign risk and exposure to other public sector entities</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Sovereign risk occurs in transactions with a central bank. It includes the regulatory cash reserve, issuer risk with the Treasury (public debt portfolio) and risk from transactions with government institutions whose funding only come from the state’s budgetary revenue and not commercial operations.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's standard for sovereign risk differs somewhat from the European Banking Authority's (EBA) standard for regular stress testing. In particular, the EBA does not consider deposits with central banks, exposures with insurance companies or indirect exposures from guarantees and other financial instruments. However, its standard does generally include entities run by regional, local and central governments. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander continues to track and manage transactions with sovereign risk based on available information, such as reports by rating agencies and international organizations. Grupo Santander monitors each country where the Group has cross-border</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> and sovereign risk. Santander analyses events that could affect the country’s political or institutional stability and assign its government or central bank a credit rating. This helps us set limits for transactions with sovereign risk.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, Grupo Santander´s local sovereign exposure, in currencies other than th</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">e official currency of the country of issuance, is not significant (EUR 6,039 million, 1.4% of total sovereign risk) according to our management criteria. Furthermore, exposure to non-local sovereign issuers involving cross-border risk is even less significant</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">2</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> (EUR 8,867 million, 2.1% of total sovereign risk).</span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Sover</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">eign exposure in Latin America is mostly in local currency, and is recognised in the local accounts and concentrated in short- term maturities.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">1.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.72pt">Risk with domestic public or private borrowers in foreign currency and originated outside the country.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">2.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.72pt">Countries that are not considered low risk by Banco de España.</span></div></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Over the past few years, total exposure to sovereign risk has remained in line with regulatory requirements and our strategy to manage this portfolio. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The shifts observed in the different countries exposure is due to our liquidity management strategy and the hedging of interest and exchange rates risks. Santander's exposure spreads among countries with varied macroeconomic outlooks and dissimilar scenarios in terms of growth, interest and exchange rates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Our investment strategy for sovereign risk considers country’s credit quality to set the maximum exposure limits</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">A</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:43.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.420%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">AAA</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">27 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">AA</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">A</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">BBB</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Less than BBB</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:6pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text Light',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.85pt">Internal ratings are applied.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt;padding-right:263.62pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Sovereign exposure at the end of 31 December 2022 is shown in the table below (data in million euros):</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.270%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.608%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Portfolio</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Country</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total net direct exposure</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total net direct <br/>exposure</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,666 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">240 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">26,189 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29,095 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">19,557 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Portugal</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(299)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,005 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,750 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,456 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,544 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Italy</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1,055)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">301 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,169 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,415 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">884 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Greece</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Ireland</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest Eurozone</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">205 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">789 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,657 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,651 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,629 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">UK</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">315 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,738 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,106 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">366 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Poland</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,754 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">957 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,715 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,293 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of Europe</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">132 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,368 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,503 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,938 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,857 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,298 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,469 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazil</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,017 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,969 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,742 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">23,728 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">28,559 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexico</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,627 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,303 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,376 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,306 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,509 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chile</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">175 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">818 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,485 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,071 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of America</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,211 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">630 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,964 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,425 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Rest of the World</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,012 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,529 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,542 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,337 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16,013</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">45,669</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">73,211</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">134,893</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">119,020</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">5. Forborne loan portfolio</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The customer debt redirection policy incorporates the regulatory requirements of the EBA guidelines on the management of non-performing exposures, refinancing and restructuring. This policy acts as a reference for the transposition in our subsidiaries and shares the applicable supervisory expectations</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This policy also sets down rigorous criteria for evaluating, classifying and monitoring forbearances to ensure the strictest possible care and diligence in recovering due amounts. Thus, it dictates that Santander must adapt payment obligations to customers' current circumstances. Our forbearance policy also defines classification criteria to ensure Grupo Santander recognizes risks appropriately. They must remain classified as non-performing or in watch-list for a prudential period for reasonable certainty of repayment. In no case will repayments be used to delay the immediate recognition of losses or so that their use distorts the timely recognition of the risk of non-payment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Forbearances may never be used to delay the immediate recognition of losses or hinder the appropriate recognition of risk of default. </span></div><div style="margin-bottom:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">After several years where the stock had fallen as a result of the positive economic situation in the main geographies, 2021 was a year of inflection with a growth of 24% to address the financial difficulties of our clients as a result of the situation generated by the pandemic. During 2022 the stock of readjustments has decreased lightly, and has stood at EUR 34,173 million. In terms of credit quality, 44% of the loans is classified as credit impaired, with a coverage ratio of 44%. In addition, 56% of the portfolio is classified as performing.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following terms are used with the meanings specified below:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Refinancing transaction: transaction that is granted or used, for reasons relating to current or foreseeable financial difficulties of the borrower, to repay one or more of the transactions granted to it, or through which the payments on such transactions are brought fully or partially up to date, in order to enable the borrowers of the cancelled or refinanced transactions to repay their debt (principal and interest) because they are unable, or might foreseeably become unable, to comply with the conditions there of in due time and form.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Restructured transaction: transaction with respect to which, for economic or legal reasons relating to current or foreseeable financial difficulties of the borrower, the financial terms and conditions are modified in order to facilitate the payment of the debt (principal and interest) because the borrower is unable, or might foreseeably become unable, to comply with the aforementioned terms and conditions in due time and form, even if such modification is envisaged in the agreement.</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:27.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.607%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Current refinancing and restructuring balances</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Amounts in EUR million, except number of transactions that are in units</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="21" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Without real guarantee</span></td><td colspan="12" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">With real guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:26pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Maximum amount of the actual collateral that can be considered</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impairment of accumulated value or accumulated losses in fair value due to credit risk</span></td></tr><tr style="height:18pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Real estate guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Rest of real guarantees</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6,679 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">227 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">31 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other financial institutions and: individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,210 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">321 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">785 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">339 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">86 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Non-financial institutions and individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">312,934 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,578 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">60,003 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">8,419 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,790 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,834 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,912 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:105%">Of which financing for constructions and property development</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">15,578 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">125 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">570 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">423 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">48 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">208 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other warehouses</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5,878,455 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5,790 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">492,232 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9,492 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,835 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,502 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,287 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,199,278</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">15,916</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">553,051</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">18,257</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">9,715</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">5,422</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">8,266</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Financing classified as non-current assets and disposable groups of items that have been classified as held for sale</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.279%"><tr><td style="width:1.0%"/><td style="width:20.807%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.096%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.183%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.630%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.288%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.692%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.831%"/><td style="width:0.1%"/></tr><tr><td colspan="24" style="border-bottom:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Current refinancing and restructuring balances</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Amounts in EUR million, except number of transactions that are in units</span></td></tr><tr><td colspan="24" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="24" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Of which, non-performing/Doubtful</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Without real guarantee</span></td><td colspan="12" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">With real guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:26pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Maximum amount of the actual collateral that can be considered</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Impairment of accumulated value or accumulated losses in fair value due to credit risk</span></td></tr><tr style="height:18pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Headline',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Number of<br/>transactions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Gross amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Real estate guarantee</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Rest of real guarantees</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Credit entities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">13 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other financial institutions and: individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">641 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">620 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">135 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">22 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">55 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Non-financial institutions and individual shareholder</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">174,300 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,178 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">39,479 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,890 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,741 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">886 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,439 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Of which financing for constructions and property development</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">10,325 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">78 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,255 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">335 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">213 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">188 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Other warehouses</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,735,412 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">2,911 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">246,751 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">4,055 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">1,917 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">910 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">3,122 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">3,910,360</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,100</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">286,863</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">9,085</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">4,682</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">1,802</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:700;line-height:105%">6,621</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">Financing classified as non-current assets and disposable groups of items that have been classified as held for sale</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022, the amortised cost of financial assets whose contractual cash flows were modified during the year when the corresponding loss adjustment was valued at an amount equal to the expected credit losses over the life of the asset amounted to EUR 2,379 million (2,480 million in 2021), without these modifications having a material impact on the income statement. Also, during 2022, the total of financial assets that have been modified since the initial recognition, and whose correction for expected loss has gone from being valued during the entire life of the asset to the following twelve months, amounts to EUR 1,677 million (1,868 million in 2021).</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The transactions presented in the foregoing tables were classified at 31 December 2022 by nature, as follows:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Credit impaired: Operations that rest on an inadequate payment scheme will be classified within the non-performing category, regardless they include contract clauses that delay the repayment of the operation throughout regular payments or present amounts written off the balance sheet for being considered irrecoverable.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Performing: Operations not classifiable as non-performing will be classified within this category. Operations will also be classified as normal if they have been reclassified from the non-performing category for complying with the specific criteria detailed below:</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">a)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.98pt">A period of a year must have passed from the refinancing or restructuring date.</span></div></div></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">b)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.66pt">The owner must have paid for the accrued amounts of the capital and interests, thus reducing the rearranged capital amount, from the date when the restructuring of refinancing operation was formalised.</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">c)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.61pt">The owner must not have any other operation with amounts past due by more than 90 consecutive days of material delay on the date of the reclassification to the normal risk category. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Attending to the credit attention 56% of the forborne loan transactions are classified as other than non-performing. Particularly noteworthy are the level of existing guarantees (44% of transactions are secured by collateral) and the coverage provided by specific allowances (representing 24% of the total forborne loan portfolio and 44% of the non-performing portfolio).</span></div>c) Market, structural and liquidity risk<div style="margin-bottom:3pt;margin-top:9pt;padding-left:9.07pt;text-indent:-9.07pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">1. Activities subject to market risk and types of market risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Activities exposed to market risk encompass transactions where risk is assumed as a consequence of potential changes in interest rates, inflation rates, exchange rates, stock prices, credit spreads, commodity prices, volatility and other market factors; the liquidity risk from our products and markets, and the balance-sheet liquidity risk. Therefore, they include trading risks and structural risks.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Interest rate risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> arises from movements in interest rates that reduce the value of a financial instrument, a portfolio or the Grupo Santander. It can affect loans, deposits, debt securities, most assets and liabilities held for trading, and derivatives. </span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Inflation rate risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> arises from movements in inflation that can reduce the value of a financial instrument, a portfolio or the entire group. It can affect loans, debt securities and derivatives (e.g. inflation swaps and futures) whose profitability is linked to inflation.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Exchange rate risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> is the possibility of loss because the currency of a long or open position will depreciate against the base currency. It can affect debt in subsidiaries whose local currency is not the euro, as well as loans denominated in a foreign currency.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Equity risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> is the possibility of loss from open positions in securities if their market price or expected future dividends fall. It affects shares, stock market indices, convertible bonds and derivatives with shares as the underlying asset (put, call, equity swaps, etc.).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Credit spread risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> is the possibility of loss from open positions in fixed-income securities or credit derivatives if their yield curve, or the recovery rate of their issuer or type change. A spread is the yield difference between financial instruments against a benchmark (e.g. the internal rate of return (IRR) of government bonds and interbank interest rates).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Commodity price risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> is the possibility of loss from movements in commodity prices. Grupo Santander's commodity exposure is minor and stems mainly from commodity derivatives.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.44pt">Volatility risk</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> is the possibility of loss caused by movements in interest rates, exchange rates, the stock market, credit spreads and other risk factors affecting portfolio value. It is inherent to all financial instruments whose value considers volatility (especially options contracts).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Derivative contracts (such as options, futures, forwards and swaps) can mitigate market risks partially or fully.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, other more complex coverage market risks are considered, such as correlation risk, market liquidity risk, prepayment or cancellation risk and subscription risk.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Correlation risk is the possibility of loss due to an adverse correlation between risk variables that affect portfolio value. Risk variables could be the same (e.g. two FX rates) or different (e.g. an interest rate and a commodity price).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Market liquidity risk is the possibility that fewer market makers or institutional investors, a large number of transactions, market instability and other factors will cause the Group or a subsidiary to exit a position at a worse market price or trade cost. Exposure to different products and currencies can also increase this risk.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Pre-payment or cancellation risk originates when mortgages, deposits and other on-balance-sheet instruments give holders the option to buy or sell them, thus altering future cash flows. Potential mismatches on the balance sheet pose a risk since cash flows may have to be reinvested at an interest rate that is potentially lower (assets) or higher (liabilities).</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Underwriting risk is the possibility that the bank will have to hold part of a debt issue it has underwritten or agreed to place if it cannot all be placed among potential buyers.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Balance sheet liquidity risk (unlike market liquidity risk) is the possibility of loss caused by forced disposal of assets or cash flow imbalance if the bank meets its payment obligations late or at excessive cost. It can cause losses by forced asset sales or impacts on margins due to the mismatch between expected cash inflows and outflows.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Pension and actuarial risks (explained at the end of this section) also depend on market variables.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander aim to comply with the </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:121%">Basel Committee’s Fundamental Review of the Trading Book</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> (FRTB) and the EBA’s Guidelines on the management of interest rate risk arising from non-trading book activities. The purpose of several projects Grupo Santander runs is to provide risk control managers and teams with the best market risk management tools under the right governance framework for the models Grupo Santander uses for metric reporting; and to comply with regulation on the risks mentioned above.</span></div>. Trading market risk management<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Setting market risk limits in a dynamic process according to the risk appetite in the annual limits plan prepared by senior management and extended to all subsidiaries. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The standard methodology for risk management and control in trading, measures the maximum expected loss with a specific level of confidence and time frame. The standard for historical simulation is a confidence level of 99% over one day. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander applies statistical adjustments efficiently to incorporate recent developments affecting our levels of risk. Our time frame is two years or at least 520 days from the reference date of the VaR calculation.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The balance sheet items in the Group’s consolidated position that are subject to market risk are shown below, distinguishing those positions for which the main risk metric is VaR from those for which risk monitoring is carried out using other metrics:</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:50.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.939%"/><td style="width:0.1%"/></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Risk metric values on the consolidated balance sheet</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #ee2724;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ee2724;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main market risk metric</span></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Balance sheet amount</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">VaR</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Main risk factor for 'Other' balance</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets subject to market risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Cash, cash balances at central banks and other deposits on demand</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">223,073 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">223,073 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets held for trading</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,118 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">156,118 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,713 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,711 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,002 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,989 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">815 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,174 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets designated at fair value through other comprehensive income</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,239 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,941 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83,298 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial assets at amortized cost</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,147,044 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,147,044 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,069 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, exchange rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of hedged items in portfolio hedges of interest risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,749)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3,749)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other assets</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104,163 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,734,659</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Liabilities subject to market risk</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities held for trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,185 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">115,185 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,947 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,947 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Financial liabilities at amortized cost</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,423,858 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,423,858 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, spread</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Hedging derivatives</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,228 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate, exchange rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Changes in the fair value of hedged items in portfolio hedges of interest rate risk</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(117)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(117)</span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other liabilities</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,973 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #7ea8be;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total liabilities</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,637,074</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Equity</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,585</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table displays the latest and average VaR values at 99% by risk factor over the last three years. It also shows the minimum and maximum VaR values in 2022 and 97.5% ES at the end of December 2022:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.201%"/><td style="width:0.1%"/></tr><tr><td colspan="36" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:justify"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">VaR statistics and expected shortfall by risk factor</span><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:700;line-height:105%;position:relative;top:-3.15pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="36" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million. VaR at 99% and ES at 97.5% with one day time horizon</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-bottom:1pt solid #9c9c9c;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="12" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">VaR (99%)</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">ES (97.5%)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">VaR</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">VaR</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:1pt;text-align:justify"><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Min</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Max</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average</span></div></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Trading</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14.1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">11.6</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10.8</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12.3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8.3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Diversification effect</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(30.5)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15.5)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12.9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13.4)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(13.0)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(11.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commodities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Europe</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">21.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9.3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8.0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Diversification effect</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10.4)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(14.2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12.0)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9.3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(12.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(10.7)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8.9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">18.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Credit spread</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commodities</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #c3dee7;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total North America</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6.6</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Diversification effect</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.0)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.7)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(0.6)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(2.2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.0)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate</span></td><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total South America</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8.0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6.3</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5.6</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Diversification effect</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(1.3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5.0)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.4)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(4.9)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(3.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5.4)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Interest rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exchange rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Commodities</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.7 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.4 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #c3dee7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.7 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.5 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.1 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:15pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A. In South and North America, VaR levels of credit spreads and commodities are not shown separately due to their low or null materiality.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of 2022, VaR was slightly lower (EUR 0.7 million) than at the end of 2021, consequence of an update in calculation model and a lighter pressure in markets as inflation started to moderate in some regions, as the Eurozone. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Although by risk factor, VaR has followed a generally stable trend in recent years, in 2022 the average VaR rose by EUR 3.6 million compared to 2021. By risk factor, average VaR was greater in all of them, specially in interest rate due to a higher market volatility. The temporary increases in VaR are due more to short-term price volatility than to significant changes in positions.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">By region, average VaR grew for all risk types in Europe and South America, which have the highest market risk exposure.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Backtesting</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Actual losses can differ from predicted losses because of the VaR’s limitations. Grupo Santander measures the accuracy of the VaR calculation model to make sure it is reliable. The most important tests Grupo Santander runs involve backtesting:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Backtesting of hypothetical P/L and of the entire trading book showed no exceptions to 99% VaR in 2022. Regarding to 99% VaE, there was an exception the 15th of December as a consequence of market volatility concurrent with the last ECB's year meeting where a 50 bp interest rate hike was confirmed.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">The exceptions observed in the past year are consistent with the assumptions of the VaR calculation model.</span></div></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:6pt;margin-top:9pt"><span id="ia36fe1f3ea584b64a49d364c49f91b2e_32247"/><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">IBOR reform</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Since 2013, different organizations and supranational authorities (IOSCO and FSB) have promoted and monitored initiatives aimed at carrying out reforms to strengthen interest rate indices. In this context, in order to execute the transition in a non-disruptive and progressive manner, central banks and regulators from various jurisdictions have organized working groups to recommend risk-free indices.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The objective was mainly to facilitate the transition to risk-free indices identified in different jurisdictions, highlighting the SONIA index as a replacement for the Libor in pounds, the SOFR for Libor in dollars, and the €STR for Libor in euros.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In this sense, and as a result of the joint effort of authorities and market participants, this transaction process has materialized in different milestones during the period between 2019 and 2022, remaining only in 2023 the execution of the substitution plans for GBP LIBOR and USD LIBOR. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">According with the regulatory milestones of the transition, the USD LIBOR terms (overnight, 1M, 3M, 6M and 12M) will continue to be calculated using the contributions of panel banks until mid-2023, although their use for new operations was limited. from the end 2021. The last date of publication of the USD LIBOR for the overnight and 12M terms will be June 30, 2023. For the 1, 3 and 6 month terms, on November 23, 2022, the FCA announced an inquiry of its proposal to require the LIBOR administrator, IBA, to continue to publish these USD LIBOR terms under a non-representative "synthetic" methodology until the end of September 2024. After that date, publication would cease permanently .</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Regarding the GBP LIBOR, its publication is confirmed under the synthetic methodology for the 3-month term until the end of March 2024, while the 1- and 6-month terms will cease to be published in March 2023.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the milestones indicated, the Group and its entities have focused on making all the contractual, commercial, operational and technological changes necessary to undertake the transition from these reference indices. In 2023, the following transition milestones will continue to be met in the different jurisdictions where the Grupo Santander operates.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following is a detail of the carrying amount at 31 December 2022 of financial assets, financial liabilities, derivatives and loan commitments that continue to be referenced to the pending transition ratios:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:26.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.307%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.903%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Gross Carrying amount</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans and advances</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Debt securities acquired (Assets)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Deposits</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Debt securities issued (Liabilities)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Derivatives (Assets)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Derivatives (Liabilities)</span></td><td colspan="3" style="border-top:0.6pt solid #cc0000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loan Commitments</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Referenced to LIBOR</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,641</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,229</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,150</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,931</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,897</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,385</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,211</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">of which USD</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">24,296</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">2,854</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">8,840</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,063</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,561</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">12,339</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,166</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">of which GBP</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">345</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">375</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">310</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">1,868</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">336</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">46</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">45</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">TOTAL</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">24,641</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,229</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,150</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,931</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,897</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,385</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,211</span></td></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Additionally, see information included in note 36.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3. Structural balance sheet risks</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.1. Main aggregates and variations</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Consistent with previous years, the market risk profile of Grupo Santander’s balance sheet remained moderate in 2022 in terms of asset, shareholders’ equity and NII volumes. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Each subsidiary’s finance division manages interest rate risk from commercial banking and is responsible for handling structural risk from interest rate fluctuations. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">To measure interest rate risk, Grupo Santander uses statistical models based on strategies to mitigate structural risk with interest-rate instruments (such as bonds and derivatives) to keep risk profile within risk appetite.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The NII and EVE sensitivities below are based on scenarios of parallel interest rate movements from -100 to +100 basis points.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural VaR</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With such a homogeneous metric as VaR, Grupo Santander can fully monitor market risk in the banking book (excluding SCIB trading activity). The Bank differentiates fixed income based on interest rates and credit spreads in ALCO portfolios, FX rates and shares.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In general, the structural VaR of Grupo Santander tota</span><span style="background-color:#ffffff;color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">l assets and equity is minor</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><span><br/></span></div></div></div><div style="margin-bottom:3pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:23.048%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.825%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.941%"/><td style="width:0.1%"/></tr><tr><td colspan="27" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Structural VaR</span></td></tr><tr><td colspan="27" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million. Structural VaR 99% with a temporary horizon of one day.</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Min</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Max</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Average</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Latest</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Structural VaR</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">538.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">664.0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,084.4</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">538.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">993.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,011.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">911.0</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903.1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Diversification effect</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(323.5)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(417.1)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(489.5)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(422.4)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(327.3)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(240.2)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(349.8)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(263.4)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">VaR Interest Rate</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">266.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">350.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">577.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">304.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">287.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">465.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">345.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">VaR Exchange Rate</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">400.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">493.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">682.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">461.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">600.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">655.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">499.9 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">502.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">VaR Equities</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">195.4 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">236.9 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">314.6 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">195.4 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">319.7 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">309.1 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">295.9 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">318.5 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:18pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt"> Includes credit spread VaR on ALCO portfolios.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural interest rate risk</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Europe</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, the sensitivity of NII on our core balance sheets and of Santander España’s EVE to interest rate hikes was positive; but at Santander UK it was negative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Across our footprint, exposure was moderate in relation to annual budget and capital levels in 2022.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, under the scenarios previously described, significant risk of NII sensitivity to the euro amounted to EUR 1,009 million; to the pound sterling, EUR 191 million; to the US dollar, EUR 51 million; and to the Polish złoty, EUR 64 million, all with risk of rate cuts.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Significant risk of EVE sensitivity to yield curves of the euro was EUR 2,820 million; of the pound sterling, EUR 440 million; of the US dollar, EUR 11 million euros; and of the Polish złoty, EUR 91 million euros, mostly with risk of rate cuts.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">North America</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, sensitivity of NII on our North America balance sheet to interest rate hikes was positive, while EVE sensitivity was negative.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exposure was moderate in relation to annual budget and capital levels in 2022.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, significant risk to NII was mainly in the US and amounted to EUR 151 million.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The most significant risk to EVE was in the US and amounted to EUR 763 million.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">South America</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">EVE and NII on our main South American balance sheets are positioned for interest rate cuts.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Exposure in all countries was moderate in relation to the annual budget and capital levels in 2022.</span></div></div></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December, most significant risk to NII was mainly in Chile (EUR 72 million) and in Brazil (EUR 169 million).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Most significant risk to EVE was recorded in Chile (EUR 309 million) and in Brazil (EUR 386 million).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural foreign currency rate risk/results hedging</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander's structural FX risk stems mainly from the income and hedging of foreign currency transactions for permanent financial investments. In the dynamic management of this risk, Grupo Santander aims to limit the impact of FX rate movements on the core capital ratio. In 2022, the hedged of the different currencies that have an impact on our core capital ratio was close to 100%.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In December 2022, our permanent exposures (with potential impact on shareholders’ equity) were, from largest to smallest, in US dollars, Brazilian reais, British pounds sterling, Mexican pesos, Chilean pesos and Polish złoty.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander uses FX derivatives to hedge part of those permanent positions. The Finance division manages FX risk and hedging for the expected profits and dividends of subsidiaries whose base currency is not the euro.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural equity risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander holds equity positions in its banking and trading books. They are either equity instruments or stock, depending on the share of ownership or control. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At the end of December 2022, the equities and shareholdings in the banking book were diversified among Spain, China, Morocco, Poland and other countries. Most of them invest in the financial and insurance sectors. Grupo Santander has minor equity exposure to property and other sectors.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Structural equity positions are exposed to market risk. The Group calculates its VaR with a set of market prices and proxies. At the end of the year 2022, VaR at a 99% confidence level over a one-day horizon was EUR 195 million (EUR 309 million and EUR 319 million in 2021 and 2020, respectively. </span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">3.2. Methodologies</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural interest rate risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander measures the potential impact of interest rate movements on EVE and NII. Because changing rates may generate impacts, Grupo Santander must manage and control many subtypes of interest rate risk, such as repricing risk, curve risk, basis risk and option risk (e.g. behavioural or automatic).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Interest rate risk in the balance sheet and market conditions and outlooks could necessitate certain financial measures to achieve Grupo Santander's desired risk profile (such as selling positions or setting interest rates on products Grupo Santander markets). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The metrics Grupo Santander uses to monitor IRRBB include NII and EVE sensitivity to interest rate movements.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Net interest income sensitivity</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Net interest income (NII) is the difference between interest income from assets and the interest cost of liabilities in the banking book over a typical one- to three-year horizon (one year being standard in Grupo Santander). Because NII sensitivity is the difference in income between a selected scenario and the base scenario, its values can be as many as considered scenarios. It enables us to see short-term risks and supplement economic value of equity (EVE) sensitivity.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%;padding-left:3.11pt">Economic value of equity sensitivity</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Economic value of equity (EVE) is the difference between the current value of all assets minus the current value of all liabilities in the banking book. It does not include shareholders’ equity and non-interest-bearing instruments. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Because EVE sensitivity is the difference in EVE between a selected scenario and the base scenario, it can have as many values as considered scenarios. It enables us to see long-term risks and supplement NII sensitivity.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural exchange-rate risk/hedging of results</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Every day, Grupo Santander measures FX positions, VaR and P/L.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Structural equity risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander measures equity positions, VaR and P/L.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">4. Liquidity risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Structural </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">liquidity management</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> aims to fund the Group’s recurring activity optimising maturities and costs, while avoiding taking on undesired liquidity risks.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Santander’s liquidity management is based on the following principles:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Decentralised liquidity model.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Medium- and long-term (M/LT) funding needs must be covered by medium- and long-term instruments.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">High contribution from customer deposits due to the retail nature of the balance sheet.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Diversification of wholesale funding sources by instruments/ investors, markets/currencies and maturities.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Limited recourse to short-term funding.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Availability of sufficient liquidity reserves, including standing facilities/discount windows at central banks to be used in adverse situations.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Compliance with regulatory liquidity requirements both at Group and subsidiary level, as a new factor conditioning management.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The effective application of these principles by all institutions comprising the Group required the development of a unique </span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">management framework</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> built upon three fundamental pillars:</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">A solid organisational and governance model that ensures the involvement of the subsidiaries’ senior management in decision-taking and its integration into the Group’s global strategy. The decision-making process for all structural risks, including liquidity and funding risk, is carried out by local Asset and Liability Committees (ALCOs) in coordination with the global ALCO, which is the body empowered by the Bank's board in accordance with the corporate Asset and Liability Management (ALM) framework.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This governance model has been reinforced as it has been included within Santander's Risk Appetite Framework. This framework meets demands from regulators and market players emanating from the financial crisis to strengthen banks’ risk management and control systems.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">In-depth balance sheet analysis and measurement of liquidity risk, supporting decision-taking and its control. The objective is to ensure the Group maintains adequate liquidity levels necessary to cover its short- and long-term needs with stable funding sources, optimising the impact of their costs on the income statement. Grupo Santander’s liquidity risk management processes are contained within a conservative risk appetite framework established in each geographic area in accordance with its commercial strategy. This risk appetite establishes the limits within which the subsidiaries can operate in order to achieve their strategic objectives.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.11pt">Management adapted in practice to the liquidity needs of each business. Every year, based on business needs, a liquidity plan is developed which seeks to achieve:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">a solid balance sheet structure, with a diversified presence in the wholesale markets;</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">the use of liquidity buffers and limited encumbrance of assets;</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">compliance with both regulatory metrics and other metrics included in each entity’s risk appetite statement.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Over the course of the year, all dimensions of the plan are monitored.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander continues to develop the ILAAP (Internal Liquidity Adequacy Assessment Process), an internal self-assessment of liquidity adequacy which must be integrated into the Group’s other risk management and strategic processes. It focuses on both quantitative and qualitative matters and is used as an input to the SREP (Supervisory Review and Evaluation Process). The ILAAP evaluates the liquidity position both in ordinary and stressed scenarios.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i.<span id="ibffa4691d2374f5ab5e788a14197365d_21707"/> Liquidity risk measurement</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander uses the Basel regulatory definition and calculates a set of metrics and stress scenarios in relation to intraday liquidity risk to maintain a high level of management and control. On the one hand, the regulatory liquidity metrics (LCR, NSFR, etc.) are prepared following the regulatory criteria established in the CRR-II and CRD IV. Regarding internal metrics, liquidity scenarios are determined using a combination of behavioral observation in actual liquidity crises occurred at other banks, regulatory assumptions (e.g. the assumptions in the LiST) and expert judgment.</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">a) Liquidity buffer</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The liquidity buffer is the total liquid assets a bank has to cope with cash outflows during periods of stress. The assets are free of encumbrances and can be used immediately to generate liquidity without losses or excessive discounts. The liquidity buffer is a tool for calculating most liquidity metrics. It is also a metric with defined limits for each subsidiary.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">b) Liquidity Coverage Ratio (LCR)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The liquidity coverage ratio (LCR) is a regulatory metric. Its purpose is to promote the short-term resilience of a bank’s liquidity profile and make sure it has enough high-quality liquid assets to withstand a considerable idiosyncratic or market stress scenario over 30 calendar days.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">c) Wholesale liquidity metric</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The wholesale liquidity metric measures the number of days Grupo Santander would survive if it used liquid assets to cover lost liquidity from a wholesale deposit run-off (without possible renewal) over a set time horizon. Grupo Santander also uses it as an internal short-term liquidity metric to reduce risk from dependence on wholesale funding.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">d) Net Stable Funding Ratio (NSFR)</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The net stable funding ratio (NSFR) is a regulatory metric we use to measure long-term liquidity risk. It is the ratio of available stable funding to required stable funding. It requires banks to keep a robust balance sheet, with off-balance-sheet assets and operations financed by stable liabilities.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">e) Asset Encumbrance metrics</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander calculates two metrics to measure asset encumbrance risk. On the one hand, the asset encumbrance ratio gives the proportion of encumbered assets to total assets; on the other, the structural asset encumbrance ratio gives the proportion of encumbered assets by structural funding transaction (namely long-term collateralized issues and credit transactions with central banks).</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">f) Other additional liquidity indicators</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition to traditional tools to measure short and long-term liquidity and funding risk, Grupo Santander has a set of additional liquidity indicators to complement those and to measure other non-covered liquidity risk factors. These include concentration metrics, such as the main and the five largest funding counterparties, or the distribution of funding by maturity. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In addition, Santander calculates a number of metrics on the institution’s ability to generate liquidity through collateralized financing, such as overcollateralization, eligibility ratios assets without charges and deadlines for their placement.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">g) Liquidity scenario analysis</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:107%">As liquidity stress tests, four standard scenarios have been defined:</span></div><div><span><br/></span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">i.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:6.94pt">An idiosyncratic scenario of events detrimental only to Santander;</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">ii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.81pt">a local market scenario of events highly detrimental to a base country’s financial system or real economy;</span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">iii.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.68pt">a global market scenario of events highly detrimental to the global financial system; and</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">iv.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:2.72pt">combined scenario consisting of a combination of more severe idiosyncratic and market events (local and global) occurring simultaneously and interactively. </span></div><div style="margin-bottom:9pt;padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">v.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:4.85pt">climate scenarios where different stress cases derived from the effects that climate change could have on the economy are collected.</span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander uses these stress test outcomes as tools to determine risk appetite and support business decision-making.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">h) Liquidity early warning indicators</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The system of early warning indicators (EWI) consists of quantitative and qualitative liquidity indicators that help predict stress situations and weaknesses in the funding and liquidity structure of Grupo Santander entities. External indicators relate to market-based financial variables; internal indicators relate to our own performance.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#9c9c9c;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">i) Intraday liquidity metrics</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander follows Basel regulation and calculates several metrics and stress scenarios for intraday liquidity risk to maintain a high level of control.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">ii. Liquidity coverage ratio and net stable financing ratio</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As regards the liquidity coverage ratio (LCR), the regulatory requirement for this ratio, set at 100%, has been at its maximum level since 2018. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Below is a breakdown of the composition of the Group's liquid assets under the criteria set out in the supervisory prudential reporting (Commission Implementing Regulation (EU) 2017/2114 of 9 November 2017) for the determination of high quality liquid assets for the calculation of the LCR ratio (HQLA):</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:53.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.813%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.343%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.815%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amount weighted applicable</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Amount weighted applicable</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">High-quality liquid assets-HQLAs</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Cash and reserves available at central banks</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">127,285 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">206,507 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Marketable assets Level 1</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">177,887 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">81,925 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Marketable assets Level 2A</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,308 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,422 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Marketable assets Level 2B</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">3,562 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">5,446 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total high-quality liquid assets</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">312,042</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">297,300</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In relation to the net stable funding ratio (NSFR), its definition was approved by the Basel Committee in October 2014. The transposition of this requirement to the European regulation took place in June 2019 with the publication in the Official Gazette of the European Union of Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019. The Regulation establishes that entities must have a net stable financing ratio, as defined in the Regulation, higher 100% from June 2021. The liquidity coverage ratio, broken down by component, and the net stable funding ratio for the Group at year-ends 2022 and 2021 are presented below:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:59.702%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.727%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.343%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.728%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million </span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">High-quality liquid assets-HQLAs (numerator)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">312,042 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">297,300 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Total net cash outflows (denominator)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">204,759 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">181,953 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Cash outflows</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">270,748 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">233,294 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Cash inflows</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">65,989 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">51,341 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">LCR ratio (%)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">152</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">163</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">NSFR ratio (%)</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">121</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">126</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As regards the funding structure, given the predominantly commercial nature of the Group's balance sheet, the loan portfolio is mainly financed by customer deposits. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the last quarter of 2022, Grupo Santander has begun to repay in advance a significant part of the financing received under the TLTRO-III program launched by the European Central Bank, which originally matured in 2023. The replacement of these funds has been carried out after having strengthened the balance sheet through a combination of growth in customer deposits, an increase in short-term instruments and greater activity in medium and long-term issuances, which has allowed Grupo Santander to maintain liquidity coverage ratios (LCR ) and net stable funding (NSFR) at prudent levels after the repayment.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The movement in the composition of the buffer between 'Cash and reserves available at central banks' to 'Level 1 marketable assets' corresponds to a reclassification of deposits with the Central Bank, due to the change in the remuneration of deposits with the European Central Bank. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Note 22 'Debt securities' shows the composition of these liabilities on the basis of their nature and classification, the movements and maturity profile of the debt securities issued by the Group, reflecting the strategy of diversification by products, markets, issuers and maturities followed by the Group in its approach to the wholesale markets.</span></div><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">iii. Asset encumbrance</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Finally, the moderate use of assets by Grupo Santander as collateral in the sources of structural financing of the balance sheet should be highlighted.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In accordance with the guidelines established by the European Banking Authority (EBA) in 2014 on committed and uncommitted assets, the concept of assets committed in financing transactions (asset encumbrance) includes both on-balance sheet assets provided as collateral in transactions to obtain liquidity and off-balance sheet assets that have been received and reused for similar purposes, as well as other assets associated with liabilities for reasons other than financing.</span></div><div style="margin-bottom:9pt"><span><br/></span></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The residual maturities of the liabilities associated with the assets and guarantees received and committed are presented below, as of 31 of December of 2022 (EUR thousand million):</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:12.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.574%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Residual maturities of the liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Unmatured</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"><=1month</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>1 month<br/><=3 months</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>3 months<br/><=12 months</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>1 year<br/><=2 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>2 years<br/><=3 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3 years<br/><=5 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5 years<br/><=10 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>10 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Committed assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">308.9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Guarantees received committed</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29.2 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37.5 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.4 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The reported Group information as required by the EBA at 2022 year-end is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:31.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.643%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">On-balance-sheet encumbered assets</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR billion</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount of encumbered assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of encumbered assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of non-encumbered assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount of non-encumbered assets</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">197.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,143.5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other assets</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">152.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">308.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,425.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.220%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:29.766%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Encumbrance of collateral received</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR billion</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of encumbered collateral received or own debt securities issued</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of collateral received or own debt securities issued available for encumbrance</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Collateral received</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29.4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other collateral received</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Own debt securities issued other than own covered bonds or ABSs</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.220%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:29.766%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Encumbered assets and collateral received and matching liabilities</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR billion</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Matching liabilities, contingent liabilities or securities lent</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets, collateral received and own debt securities issued other than covered bonds and ABSs encumbered</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total sources of encumbrance<br/>(carrying amount)</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">313.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">413.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">On-balance-sheet encumbered assets amounted to EUR 308,900 million, of which 64% are loans (mortgage loans, corporate loans, etc.). Guarantees received committed amounted to EUR 104,300 million, relating mostly to debt securities received as security in asset purchase transactions and re-used. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Taken together, these two categories represent a total of EUR 413,200 million of encumbered assets, which give rise to EUR 313,200 million matching liabilities.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">As of December 2022, total asset encumbrance in funding operations represented 22.1% of the Group’s extended balance sheet under EBA criteria (total assets plus guarantees received: EUR 1,868,400 million as of December 2022). This percentage has decreased from 26.1% that presented the Group as of December 2021, mainly as a result of the early repayment of collateralized financing with central banks, especially the European Central Bank (TLTRO) and the Bank of England (TFSME). </span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#6f7779;font-family:'Santander Text ExtraBold',sans-serif;font-size:10.5pt;font-weight:400;line-height:110%">d) Capital risk</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In the second line of defence, capital risk management can independently challenge business and first-line activities by:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Supervising capital planning and adequacy exercises through a review of the main components affecting the capital ratios.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Identifying key metrics to calculate the Group’s regulatory capital, setting tolerance levels and analysing significant variations, as well as single transactions with impact on capital.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Reviewing and challenging the execution of capital actions proposed in line with capital planning and risk appetite.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander commands a sound solvency position, above the levels required by regulators and by the European Central bank.</span></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Regulatory capital</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At 1 January 2023, at a consolidated level, the Group must maintain a minimum capital ratio of 9.07% of CET1 (4.50% being the requirement for Pillar I, 0.89% being the requirement for Pillar 2R (requirement), 2.50% being the requirement for capital conservation buffer, 1% being the requirement for global systemically entity (G-SIB) and 0.18% being the requirement for anti-cyclical capital buffer). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander must also maintain a minimum capital ratio of 10.87% of tier 1 and a minimum total ratio of 13.26%.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">In 2022, the solvency target set was achieved. Santander’s CET1 ratio stood at 12.18%</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:400;line-height:121%;position:relative;top:-3.15pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> at the close of the year, demonstrating its organic capacity to generate capital. The key regulatory capital figures are indicated below: </span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.474%"><tr><td style="width:1.0%"/><td style="width:53.389%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.070%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.070%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.071%"/><td style="width:0.1%"/></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Reconciliation of accounting capital with regulatory capital</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Subscribed capital</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,397 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,670 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,670 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Share premium account</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,273 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,979 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,013 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reserves</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,111 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56,606 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,777 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Treasury shares</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(675)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(894)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(69)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Attributable profit</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,605 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,124 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(8,771)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Approved dividend</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(979)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(836)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Shareholders’ equity on public balance sheet</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">124,732</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">119,649</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">114,620</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Valuation adjustments</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(35,628)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(32,719)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(33,144)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-controlling interests</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,481 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,123 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,846 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Equity on public balance sheet</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,585</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,053</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">91,322</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Goodwill and intangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(17,272)</span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(16,132)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(15,711)</span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Eligible preference shares and participating securities</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,831 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,050 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Accrued dividend</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">C</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(942)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(895)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(478)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other adjustments</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:400;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,169)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(7,624)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(5,734)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tier 1</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">83,033</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">82,452</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">78,501</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%"> </span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Fundamentally for non-computable non-controlling interests and deductions and reasonable filters in compliance with CRR.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Figures calculated by applying the transitional provisions of IFRS 9.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">C.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.7pt">Assumes 20% of ordinary profit, see note 4.a for proposed distribution of results.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">Note: Certain figures presented in this capital note have been rounded for ease of presentation. Consequently, the amounts corresponding to the rows or columns of totals in the tables presented in this note may not coincide with the arithmetic sum of the concepts or items that make up the total.</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span><br/></span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The following table shows the capital coefficients and a detail of the eligible internal resources of the Group:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:50.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.949%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.951%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Capital coefficients</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt;text-indent:-7.09pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt;text-indent:-7.09pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 1 ordinary eligible capital (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,202 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">72,402 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">69,399 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 1 additional eligible capital (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,831 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,050 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,102 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 2 eligible capital (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,359 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,865 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12,514 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Risk-weighted assets (EUR million)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">609,266 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">578,930 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">562,580 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 1 ordinary capital coefficient (CET 1)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.18 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.51 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12.34 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 1 additional capital coefficient (AT1)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.45 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 1 capital coefficient (TIER1)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13.63 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13.95 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 2 capital coefficient (TIER 2)</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.36 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.57 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.23 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total capital coefficient</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15.99</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16.81</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">16.18</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">%</span></td></tr></table><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:121%"> </span></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:45.504%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.492%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:16.495%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Eligible capital</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#424242;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Eligible capital</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Common Equity Tier I</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">74,202</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">72,402</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">69,399</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Capital</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,397 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,670 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,670 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(-) Treasure shares and own shares financed</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(60)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(966)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(126)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Share Premium</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,273 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,979 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">52,013 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Reserves</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">62,246 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">58,157 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,766 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other retained earnings</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(37,439)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34,784)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(34,937)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Minority interests</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,416 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,736 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,669 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Profit net of dividends</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,684 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6,394 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(9,249)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Deductions</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(20,315)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(19,784)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(18,407)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">Goodwill and intangible assets</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(17,182)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(16,064)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(15,711)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%"> Others</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3,133)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(3,720)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:105%">(2,696)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Additional Tier I</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">8,831</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,050</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">9,102</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Eligible instruments AT1</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,344 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,102 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,854 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">AT1-excesses-subsidiaries</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">487 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(52)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">248 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Tier II</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,359</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14,865</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">12,514</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Eligible instruments T2</span></td><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,770 </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,424 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,351 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Gen. funds and surplus loans loss prov. IRB</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">75 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">T2-excesses - subsidiaries</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(411)</span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(634)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">(837)</span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total eligible capital</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,392</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">97,317</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">91,015</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">Note: Banco Santander, S.A. and its affiliates had not taken part in any State aid programmes.</span></div></div><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Leverage ratio</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Basel III established the leverage ratio as a non-risk sensitive measure aimed at limiting excessive balance sheet growth relative to available capital.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The Group performs the calculation in accordance with Regulation (EU) 2019/876 of 20 May 2019 amending Regulation (EU) No 575/2013 as regards the leverage ratio.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This ratio is calculated as tier 1 capital divided by leverage exposure. Exposure is calculated as the sum of the following items:</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Accounting assets, excluding derivatives and items treated as deductions from tier 1 capital (for example, the balance of loans is included, but not that of goodwill) further excluding the exposures referred to in Article 429.a (1) of the regulation.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Off-balance-sheet items (mainly guarantees, unused credit limits granted and documentary credits) weighted using credit conversion factors.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Inclusion of net value of derivatives (gains and losses are netted with the same counterparty, minus collaterals if they comply with certain criteria) plus a charge for the future potential exposure.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">A charge for the potential risk of security funding transactions.</span></div><div style="margin-bottom:9pt;padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">•</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%;padding-left:3.44pt">Lastly, it includes a charge for the risk of credit derivative swaps (CDS).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">With the publication of Regulation (EU) 2019/876 of 20 May, 2019, amending Regulation (EU) n.º 575/2013 as regards the leverage ratio, the final calibration of the ratio is set at 3% for all entities and, for systemic entities G-SIB, an additional surcharge is also established which will be 50% of the cushion ratio applicable to the EISM. In addition, modifications are included in its calculation, including the exclusion of certain exposures from the total exposure measure: public loans, transfer loans and officially guaranteed export credits.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Banks implemented this final definition of the leverage ratio in June 2021, however, the new calibration of the ratio (the additional surcharge for G-SIBs) will take effect from January 2023.</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:40.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.344%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.346%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Leverage</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Level 1 Capital</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">83,033 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">82,452 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">78,501 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Exposure</span></td><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,750,626 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,536,516 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,471,480 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Leverage Ratio</span></td><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.74 </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.37 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.33 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">%</span></td></tr></table></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:3pt;margin-top:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Global systemically important banks</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Grupo Santander is one of 30 banks designated as global systemically important banks (G-SIBs).</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The designation as a globally systemic entity comes from a measurement established by the regulators (FSB and BCBS) that they have implemented based on five indicators (size, interjurisdictional activity, interconnection with other financial entities, substitutability and complexity). The application methodology has been modified in December 2021, incorporating, among other things, an additional score considering the Member States of the SRM as a single jurisdiction.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">This definition means it has to fulfil certain additional requirements, which consist mainly of a capital buffer (1%), in TLAC requirements (total loss absorbing capacity), that Grupo Santander has to publish relevant information more frequently than other banks, greater regulatory requirements for internal control bodies, special supervision and drawing up of special reports to be submitted to supervisors.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The fact that Grupo Santander has to comply with these requirements makes it a more solid bank than its domestic rivals.</span></div></div>
CY2022	san	Risk Management And Control Model Number Of Lines Of Defense RiskManagementAndControlModelNumberOfLinesOfDefense	3	linesofdefense
CY2022	san	Risk Management And Control Model Number Of Lines Of Defense RiskManagementAndControlModelNumberOfLinesOfDefense	3	linesofdefense
CY2022	san	Collection And Recovery Management Number Of Phases CollectionAndRecoveryManagementNumberOfPhases	4	phase
CY2022	ifrs-full	Disclosure Of Credit Risk Exposure Explanatory DisclosureOfCreditRiskExposureExplanatory	<div style="margin-bottom:9pt;padding-right:263.62pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">Following are the main aggregates relating to credit risk from our activities with customers:</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:22.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.529%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.603%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.540%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.751%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.611%"/><td style="width:0.1%"/></tr><tr><td colspan="36" style="border-bottom:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Main credit risk performance metrics from activity with customers</span><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:5.85pt;font-weight:700;line-height:105%;position:relative;top:-3.15pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="36" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">December data</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit risk with customers <br/>(EUR million)</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">B</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Credit impaired loans<br/>(EUR million)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">NPL ratio (%)</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Europe</span></td><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">639,996</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">636,123</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">606,997</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15,186</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">19,822</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">20,272</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.37</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.12</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.34</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Spain</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">293,197</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">283,953</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">272,154</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,598</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13,403</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">14,053</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.27 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.72 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5.16 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">UK</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">253,455</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">262,869</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">252,255</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,059</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,766</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,138</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.21 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.24 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Portugal</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,755</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,941</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">40,693</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,247</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,442</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,584</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.99 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.44 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.89 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Poland</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,350</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">33,497</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31,578</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,268</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,210</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,496</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.80 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.74 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">North America</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">185,614</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">149,792</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">131,626</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,629</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3,632</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,938</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.03</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.42</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.23</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">US</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">140,452</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">112,808</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,135</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,571</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,624</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,025</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.25 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.33 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.04 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Mexico</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,107</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,984</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32,476</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,047</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,009</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">913</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.32 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.73 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.81 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">South America</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">167,348</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">141,874</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">129,590</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">10,381</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,387</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,688</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6.20</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4.50</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4.39</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Brazil</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">101,801</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">85,702</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">74,712</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,705</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,182</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,429</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.57 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.88 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.59 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Chile</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">47,811</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,479</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">42,826</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,384</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,838</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,051</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.99 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.43 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.79 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Argentina</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,844</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,481</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,418</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">198</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">93</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.08 </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3.61 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.11 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Digital Consumer Bank</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">125,339</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">116,989</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">116,381</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,583</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,490</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,525</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.06</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.13</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2.17</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Corporate Centre</span></td><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5,824</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">6,337</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">4,862</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">894</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">903</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">344</span></td><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">15.35</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">14.38</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">7.08</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total Group</span></td><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,124,121</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,051,115</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">989,456</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">34,673</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">33,234</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">31,767</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.08</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#edf5f8;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.16</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3.21</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">A.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.54pt">Management perimeter according to the reported segments</span></div><div style="padding-left:11.34pt;text-indent:-11.34pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%">B.</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7pt;font-weight:400;line-height:115%;padding-left:5.48pt">Includes gross lending to customers, guarantees and documentary credits.</span></div>
CY2022Q4	san	Exposure To Credit Risk Lending Guarantees And Documentary Credits ExposureToCreditRiskLendingGuaranteesAndDocumentaryCredits	1124121000000	eur
CY2021Q4	san	Exposure To Credit Risk Lending Guarantees And Documentary Credits ExposureToCreditRiskLendingGuaranteesAndDocumentaryCredits	1051115000000	eur
CY2020Q4	san	Exposure To Credit Risk Lending Guarantees And Documentary Credits ExposureToCreditRiskLendingGuaranteesAndDocumentaryCredits	989456000000	eur
CY2022Q4	san	Non Performing Ratio NonPerformingRatio	0.0308
CY2021Q4	san	Non Performing Ratio NonPerformingRatio	0.0316
CY2020Q4	san	Non Performing Ratio NonPerformingRatio	0.0321
CY2021Q4	san	Management Overlays Government Support Measures Amount ManagementOverlaysGovernmentSupportMeasuresAmount	1232000000	eur
CY2022Q4	san	Management Overlays Government Support Measures Amount ManagementOverlaysGovernmentSupportMeasuresAmount	1471000000	eur
CY2022Q4	san	Percentage Of Total Provisions PercentageOfTotalProvisions	0.96
CY2022Q4	san	Exposure To Credit Risk Number Of Tranches ExposureToCreditRiskNumberOfTranches	4	tranches
CY2022Q4	ifrs-full	Maximum Exposure To Credit Risk MaximumExposureToCreditRisk	949583000000	eur
CY2022	ifrs-full	Impairment Loss On Financial Assets ImpairmentLossOnFinancialAssets	22854000000	eur
CY2021Q4	ifrs-full	Maximum Exposure To Credit Risk MaximumExposureToCreditRisk	903646000000	eur
CY2021	ifrs-full	Impairment Loss On Financial Assets ImpairmentLossOnFinancialAssets	22125000000	eur
CY2020Q4	ifrs-full	Maximum Exposure To Credit Risk MaximumExposureToCreditRisk	861432000000	eur
CY2020	ifrs-full	Impairment Loss On Financial Assets ImpairmentLossOnFinancialAssets	23422000000	eur
CY2022	ifrs-full	Disclosure Of Nature And Extent Of Risks Arising From Financial Instruments Explanatory DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">At year-end, the distribution of this portfolio was as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:67.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:30.691%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR Million</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Loans: gross amount</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1. Without mortgage guarantee</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2. With mortgage guarantee</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,285 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1 Completed buildings</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,138 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1.1 Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">674 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.1.2 Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">464 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2 Buildings and other constructions under construction</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,110 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2.1 Residential</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,103 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.2.2 Other</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3 Land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3.1 Developed consolidated land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2.3.2 Other land</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">12 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2,328</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The detail, by activity and geographical area of the Group's risk concentration at 31 December 2022 is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:42.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.159%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.161%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR million</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-bottom:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="15" style="background-color:#ffffff;border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:5.2pt;font-weight:700;line-height:105%;position:relative;top:-2.8pt;vertical-align:baseline">A</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Spain</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Other EU countries</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">America</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Rest of the world</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central banks and Credit institutions</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">367,620 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98,405 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">61,138 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">119,005 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89,072 </span></td><td style="background-color:#ffffff;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Public sector</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">177,063 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">41,871 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37,936 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">89,458 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,798 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Central government</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">151,300 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">30,209 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">34,681 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">79,016 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,394 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other central government</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">25,763 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">11,662 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,255 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10,442 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">404 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other financial institutions (financial business activity)</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">152,881 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">15,271 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,092 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">54,232 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">38,286 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Non-financial companies and individual entrepreneurs (non-financial business activity) (broken down by purpose)</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">440,137 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">114,556 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">96,354 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">165,017 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">64,210 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Construction and property development</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22,797 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,278 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">3,569 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,149 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7,801 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Civil engineering construction</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,178 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,502 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,415 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,113 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">148 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Large companies</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">267,976 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">53,355 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">56,243 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">111,912 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">46,466 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">SMEs and individual entrepreneurs</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">144,186 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">55,421 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">35,127 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">43,843 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">9,795 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Households – other (broken down by purpose)</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">566,559 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90,597 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">99,133 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">141,266 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">235,563 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Of which:</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Residential</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">361,377 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">65,077 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">36,552 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">45,611 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">214,137 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Consumer loans</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">185,097 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">17,074 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">60,497 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">90,609 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">16,917 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other purposes</span></td><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20,085 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8,446 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">2,084 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">5,046 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4,509 </span></td><td style="background-color:#ffffff;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,704,260</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">360,700</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">339,653</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">568,978</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">434,929</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>A.For the purposes of this table, the definition of risk includes the following items in the public balance sheet: 'Loans and advances to credit institutions', 'Loans and advances to Central Banks', 'Loans and advances to Customers', 'Debt securities', 'Equity Instruments', 'Trading Derivatives', 'Hedging derivatives', 'Investments and financial guarantees given'.
CY2022	san	Number Of Methods Used To Measure Exposure To Counterparty Credit Risk NumberOfMethodsUsedToMeasureExposureToCounterpartyCreditRisk	2	method
CY2021	san	Percentage Of Forbearance Portfolio Increase PercentageOfForbearancePortfolioIncrease	0.24
CY2022Q4	san	Forborne Loan Portfolio Amount ForborneLoanPortfolioAmount	34173000000	eur
CY2022	san	Forborne Loans Performing Criteria Number Of Days Past Due ForborneLoansPerformingCriteriaNumberOfDaysPastDue	P90D
CY2022	san	Time Horizon Value At Risk And Expected Shortfall Confidence Level Period TimeHorizonValueAtRiskAndExpectedShortfallConfidenceLevelPeriod	P1D
CY2022	ifrs-full	Disclosure Of Maturity Analysis For Financial Assets Held For Managing Liquidity Risk Explanatory DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The residual maturities of the liabilities associated with the assets and guarantees received and committed are presented below, as of 31 of December of 2022 (EUR thousand million):</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"><div style="margin-bottom:9pt"><span><br/></span></div><div style="margin-bottom:9pt"><span><br/></span></div></div></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:12.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.196%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.788%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.574%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Residual maturities of the liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Unmatured</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%"><=1month</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>1 month<br/><=3 months</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>3 months<br/><=12 months</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>1 year<br/><=2 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>2 years<br/><=3 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">3 years<br/><=5 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">5 years<br/><=10 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">>10 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Committed assets</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">44.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">32.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">49.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">39.2 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">50.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">51.6 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">20.1 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">10.7 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">308.9 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Guarantees received committed</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29.2 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">37.5 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">13.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">21.4 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.6 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.0 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104.3 </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022	ifrs-full	Description Of Managing Liquidity Risk DescriptionOfManagingLiquidityRisk	<div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.043%"><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:400;line-height:121%">The reported Group information as required by the EBA at 2022 year-end is as follows:</span></div></div><div style="display:inline-block;max-width:3.913%;min-width:2.913%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.044%"/></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.871%"><tr><td style="width:1.0%"/><td style="width:31.937%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.640%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.643%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">On-balance-sheet encumbered assets</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR billion</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount of encumbered assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of encumbered assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of non-encumbered assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Carrying amount of non-encumbered assets</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">197.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1,143.5 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">8.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">7.4 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">71.7 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">122.0 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">125.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other assets</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">31.6 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">152.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-top:0.25pt solid #9bc3d3;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total assets</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">308.9</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">1,425.7</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ebebeb;border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:0 1pt"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.220%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:29.766%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Encumbrance of collateral received</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR billion</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of encumbered collateral received or own debt securities issued</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Fair value of collateral received or own debt securities issued available for encumbrance</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Collateral received</span></td><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">104.3 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">29.4 </span></td><td style="border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Loans and advances</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">1.3 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Equity instruments</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">4.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">6.8 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Debt securities</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">98.2 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">22.5 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">Other collateral received</span></td><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">— </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%">0.1 </span></td><td style="border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Own debt securities issued other than own covered bonds or ABSs</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">—</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">0.5</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:0.25pt solid #9bc3d3;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;padding-left:7.09pt;text-indent:-7.09pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.782%"><tr><td style="width:1.0%"/><td style="width:38.714%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:28.220%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:29.766%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ec0000;font-family:'Santander Text',sans-serif;font-size:9pt;font-weight:700;line-height:105%">Encumbered assets and collateral received and matching liabilities</span></td></tr><tr><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:7.5pt;font-weight:400;line-height:105%">EUR billion</span></td><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/><td colspan="3" style="border-top:0.6pt solid #ec0000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Matching liabilities, contingent liabilities or securities lent</span></td><td colspan="3" style="border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Assets, collateral received and own debt securities issued other than covered bonds and ABSs encumbered</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">Total sources of encumbrance<br/>(carrying amount)</span></td><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">313.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:700;line-height:105%">413.2</span><span style="color:#000000;font-family:'Santander Text',sans-serif;font-size:8pt;font-weight:400;line-height:105%"> </span></td><td style="border-bottom:1pt solid #9c9c9c;border-top:1pt solid #9c9c9c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4	san	Common Equity Tier One Capital Ratio Phased In CommonEquityTierOneCapitalRatioPhasedIn	0.1218
CY2022Q4	ifrs-full	Issued Capital IssuedCapital	8397000000	eur
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CY2020Q4	ifrs-full	Issued Capital IssuedCapital	8670000000	eur
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CY2022Q4	ifrs-full	Treasury Shares TreasuryShares	675000000	eur
CY2021Q4	ifrs-full	Treasury Shares TreasuryShares	894000000	eur
CY2020Q4	ifrs-full	Treasury Shares TreasuryShares	69000000	eur
CY2022Q4	san	Profit Loss Attributable To Shareholders Of Parent ProfitLossAttributableToShareholdersOfParent	9605000000	eur
CY2021Q4	san	Profit Loss Attributable To Shareholders Of Parent ProfitLossAttributableToShareholdersOfParent	8124000000	eur
CY2020Q4	san	Profit Loss Attributable To Shareholders Of Parent ProfitLossAttributableToShareholdersOfParent	-8771000000	eur
CY2022Q4	san	Interim Dividends InterimDividends	979000000	eur
CY2021Q4	san	Interim Dividends InterimDividends	836000000	eur
CY2020Q4	san	Interim Dividends InterimDividends	0	eur
CY2022Q4	san	Equity Attributable To Owners Of Parent Before Valuation Adjustments EquityAttributableToOwnersOfParentBeforeValuationAdjustments	124732000000	eur
CY2021Q4	san	Equity Attributable To Owners Of Parent Before Valuation Adjustments EquityAttributableToOwnersOfParentBeforeValuationAdjustments	119649000000	eur
CY2020Q4	san	Equity Attributable To Owners Of Parent Before Valuation Adjustments EquityAttributableToOwnersOfParentBeforeValuationAdjustments	114620000000	eur
CY2022Q4	san	Other Reserves Valuation Adjustments OtherReservesValuationAdjustments	-35628000000	eur
CY2021Q4	san	Other Reserves Valuation Adjustments OtherReservesValuationAdjustments	-32719000000	eur
CY2020Q4	san	Other Reserves Valuation Adjustments OtherReservesValuationAdjustments	-33144000000	eur
CY2022Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	8481000000	eur
CY2021Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	10123000000	eur
CY2020Q4	ifrs-full	Noncontrolling Interests NoncontrollingInterests	9846000000	eur
CY2022Q4	ifrs-full	Equity Equity	97585000000	eur
CY2021Q4	ifrs-full	Equity Equity	97053000000	eur
CY2020Q4	ifrs-full	Equity Equity	91322000000	eur
CY2022Q4	san	Regulatory Capital Adjustment To Remove Intangible Assets And Goodwill RegulatoryCapitalAdjustmentToRemoveIntangibleAssetsAndGoodwill	17272000000	eur
CY2021Q4	san	Regulatory Capital Adjustment To Remove Intangible Assets And Goodwill RegulatoryCapitalAdjustmentToRemoveIntangibleAssetsAndGoodwill	16132000000	eur
CY2020Q4	san	Regulatory Capital Adjustment To Remove Intangible Assets And Goodwill RegulatoryCapitalAdjustmentToRemoveIntangibleAssetsAndGoodwill	15711000000	eur
CY2022Q4	san	Subordinated Liabilities Preference Shares And Preferred Securities SubordinatedLiabilitiesPreferenceSharesAndPreferredSecurities	8831000000	eur
CY2021Q4	san	Subordinated Liabilities Preference Shares And Preferred Securities SubordinatedLiabilitiesPreferenceSharesAndPreferredSecurities	10050000000	eur
CY2020Q4	san	Subordinated Liabilities Preference Shares And Preferred Securities SubordinatedLiabilitiesPreferenceSharesAndPreferredSecurities	9102000000	eur
CY2022Q4	san	Regulatory Capital Adjustment Accrued Dividend RegulatoryCapitalAdjustmentAccruedDividend	942000000	eur
CY2021Q4	san	Regulatory Capital Adjustment Accrued Dividend RegulatoryCapitalAdjustmentAccruedDividend	895000000	eur
CY2020Q4	san	Regulatory Capital Adjustment Accrued Dividend RegulatoryCapitalAdjustmentAccruedDividend	478000000	eur
CY2022Q4	san	Regulatory Capital Other Adjustments RegulatoryCapitalOtherAdjustments	5169000000	eur
CY2021Q4	san	Regulatory Capital Other Adjustments RegulatoryCapitalOtherAdjustments	7624000000	eur
CY2020Q4	san	Regulatory Capital Other Adjustments RegulatoryCapitalOtherAdjustments	5734000000	eur
CY2022Q4	san	Ifrs Common Equity Tier One Capital IfrsCommonEquityTierOneCapital	83033000000	eur
CY2021Q4	san	Ifrs Common Equity Tier One Capital IfrsCommonEquityTierOneCapital	82452000000	eur
CY2020Q4	san	Ifrs Common Equity Tier One Capital IfrsCommonEquityTierOneCapital	78501000000	eur
CY2022	san	Regulatory Capital Adjustment Accrued Dividend Ordinary Profit Assumption Percentage RegulatoryCapitalAdjustmentAccruedDividendOrdinaryProfitAssumptionPercentage	0.20
CY2022Q4	san	Common Equity Tier One Capital Required For Capital Adequacy CommonEquityTierOneCapitalRequiredForCapitalAdequacy	74202000000	eur
CY2021Q4	san	Common Equity Tier One Capital Required For Capital Adequacy CommonEquityTierOneCapitalRequiredForCapitalAdequacy	72402000000	eur
CY2020Q4	san	Common Equity Tier One Capital Required For Capital Adequacy CommonEquityTierOneCapitalRequiredForCapitalAdequacy	69399000000	eur
CY2022Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital TierOneCapitalInExcessOfCommonEquityTierOneCapital	8831000000	eur
CY2021Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital TierOneCapitalInExcessOfCommonEquityTierOneCapital	10050000000	eur
CY2020Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital TierOneCapitalInExcessOfCommonEquityTierOneCapital	9102000000	eur
CY2022Q4	san	Ifrs Tier Two Risk Based Capital IfrsTierTwoRiskBasedCapital	14359000000	eur
CY2021Q4	san	Ifrs Tier Two Risk Based Capital IfrsTierTwoRiskBasedCapital	14865000000	eur
CY2020Q4	san	Ifrs Tier Two Risk Based Capital IfrsTierTwoRiskBasedCapital	12514000000	eur
CY2022Q4	san	Ifrs Risk Weighted Assets IfrsRiskWeightedAssets	609266000000	eur
CY2021Q4	san	Ifrs Risk Weighted Assets IfrsRiskWeightedAssets	578930000000	eur
CY2020Q4	san	Ifrs Risk Weighted Assets IfrsRiskWeightedAssets	562580000000	eur
CY2022Q4	san	Common Equity Tier One Capital Ratio CommonEquityTierOneCapitalRatio	0.1218
CY2021Q4	san	Common Equity Tier One Capital Ratio CommonEquityTierOneCapitalRatio	0.1251
CY2020Q4	san	Common Equity Tier One Capital Ratio CommonEquityTierOneCapitalRatio	0.1234
CY2022Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital Percentage Of Risk Weighted Assets TierOneCapitalInExcessOfCommonEquityTierOneCapitalPercentageOfRiskWeightedAssets	0.0145
CY2021Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital Percentage Of Risk Weighted Assets TierOneCapitalInExcessOfCommonEquityTierOneCapitalPercentageOfRiskWeightedAssets	0.0173
CY2020Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital Percentage Of Risk Weighted Assets TierOneCapitalInExcessOfCommonEquityTierOneCapitalPercentageOfRiskWeightedAssets	0.0161
CY2022Q4	san	Ifrs Tier One Risk Based Capital To Risk Weighted Assets IFRSTierOneRiskBasedCapitalToRiskWeightedAssets	0.1363
CY2021Q4	san	Ifrs Tier One Risk Based Capital To Risk Weighted Assets IFRSTierOneRiskBasedCapitalToRiskWeightedAssets	0.1424
CY2020Q4	san	Ifrs Tier One Risk Based Capital To Risk Weighted Assets IFRSTierOneRiskBasedCapitalToRiskWeightedAssets	0.1395
CY2022Q4	san	Ifrs Tier Two Risk Based Capital To Risk Weighted Assets IFRSTierTwoRiskBasedCapitalToRiskWeightedAssets	0.0236
CY2021Q4	san	Ifrs Tier Two Risk Based Capital To Risk Weighted Assets IFRSTierTwoRiskBasedCapitalToRiskWeightedAssets	0.0257
CY2020Q4	san	Ifrs Tier Two Risk Based Capital To Risk Weighted Assets IFRSTierTwoRiskBasedCapitalToRiskWeightedAssets	0.0223
CY2022Q4	san	Ifrs Capital To Risk Weighted Assets IFRSCapitalToRiskWeightedAssets	0.1599
CY2021Q4	san	Ifrs Capital To Risk Weighted Assets IFRSCapitalToRiskWeightedAssets	0.1681
CY2020Q4	san	Ifrs Capital To Risk Weighted Assets IFRSCapitalToRiskWeightedAssets	0.1618
CY2022Q4	san	Common Equity Tier One Capital Required For Capital Adequacy CommonEquityTierOneCapitalRequiredForCapitalAdequacy	74202000000	eur
CY2021Q4	san	Common Equity Tier One Capital Required For Capital Adequacy CommonEquityTierOneCapitalRequiredForCapitalAdequacy	72402000000	eur
CY2020Q4	san	Common Equity Tier One Capital Required For Capital Adequacy CommonEquityTierOneCapitalRequiredForCapitalAdequacy	69399000000	eur
CY2022Q4	ifrs-full	Issued Capital IssuedCapital	8397000000	eur
CY2021Q4	ifrs-full	Issued Capital IssuedCapital	8670000000	eur
CY2020Q4	ifrs-full	Issued Capital IssuedCapital	8670000000	eur
CY2022Q4	san	Treasury Shares Held And Financed TreasurySharesHeldAndFinanced	60000000	eur
CY2021Q4	san	Treasury Shares Held And Financed TreasurySharesHeldAndFinanced	966000000	eur
CY2020Q4	san	Treasury Shares Held And Financed TreasurySharesHeldAndFinanced	126000000	eur
CY2022Q4	ifrs-full	Share Premium SharePremium	46273000000	eur
CY2021Q4	ifrs-full	Share Premium SharePremium	47979000000	eur
CY2020Q4	ifrs-full	Share Premium SharePremium	52013000000	eur
CY2022Q4	san	Capital Reserve Common Equity Tier One Basis CapitalReserveCommonEquityTierOneBasis	62246000000	eur
CY2021Q4	san	Capital Reserve Common Equity Tier One Basis CapitalReserveCommonEquityTierOneBasis	58157000000	eur
CY2020Q4	san	Capital Reserve Common Equity Tier One Basis CapitalReserveCommonEquityTierOneBasis	64766000000	eur
CY2022Q4	san	Other Retained Earnings OtherRetainedEarnings	-37439000000	eur
CY2021Q4	san	Other Retained Earnings OtherRetainedEarnings	-34784000000	eur
CY2020Q4	san	Other Retained Earnings OtherRetainedEarnings	-34937000000	eur
CY2022Q4	san	Non Controlling Interests Common Equity Tier One Basis NonControllingInterestsCommonEquityTierOneBasis	7416000000	eur
CY2021Q4	san	Non Controlling Interests Common Equity Tier One Basis NonControllingInterestsCommonEquityTierOneBasis	6736000000	eur
CY2020Q4	san	Non Controlling Interests Common Equity Tier One Basis NonControllingInterestsCommonEquityTierOneBasis	6669000000	eur
CY2022Q4	san	Profit Loss Net Of Dividends ProfitLossNetOfDividends	7684000000	eur
CY2021Q4	san	Profit Loss Net Of Dividends ProfitLossNetOfDividends	6394000000	eur
CY2020Q4	san	Profit Loss Net Of Dividends ProfitLossNetOfDividends	-9249000000	eur
CY2022Q4	san	Eligible Capital Deductions EligibleCapitalDeductions	20315000000	eur
CY2021Q4	san	Eligible Capital Deductions EligibleCapitalDeductions	19784000000	eur
CY2020Q4	san	Eligible Capital Deductions EligibleCapitalDeductions	18407000000	eur
CY2022Q4	san	Intangible Assets And Goodwill Net Of Residual Value IntangibleAssetsAndGoodwillNetOfResidualValue	17182000000	eur
CY2021Q4	san	Intangible Assets And Goodwill Net Of Residual Value IntangibleAssetsAndGoodwillNetOfResidualValue	16064000000	eur
CY2020Q4	san	Intangible Assets And Goodwill Net Of Residual Value IntangibleAssetsAndGoodwillNetOfResidualValue	15711000000	eur
CY2022Q4	san	Eligible Capital Deductions Other EligibleCapitalDeductionsOther	3133000000	eur
CY2021Q4	san	Eligible Capital Deductions Other EligibleCapitalDeductionsOther	3720000000	eur
CY2020Q4	san	Eligible Capital Deductions Other EligibleCapitalDeductionsOther	2696000000	eur
CY2022Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital TierOneCapitalInExcessOfCommonEquityTierOneCapital	8831000000	eur
CY2021Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital TierOneCapitalInExcessOfCommonEquityTierOneCapital	10050000000	eur
CY2020Q4	san	Tier One Capital In Excess Of Common Equity Tier One Capital TierOneCapitalInExcessOfCommonEquityTierOneCapital	9102000000	eur
CY2022Q4	san	Eligible Capital Eligible Instruments Additional Tier One EligibleCapitalEligibleInstrumentsAdditionalTierOne	8344000000	eur
CY2021Q4	san	Eligible Capital Eligible Instruments Additional Tier One EligibleCapitalEligibleInstrumentsAdditionalTierOne	10102000000	eur
CY2020Q4	san	Eligible Capital Eligible Instruments Additional Tier One EligibleCapitalEligibleInstrumentsAdditionalTierOne	8854000000	eur
CY2022Q4	san	Excess Tier One Risk Based Capital Subsidiaries ExcessTierOneRiskBasedCapitalSubsidiaries	487000000	eur
CY2021Q4	san	Excess Tier One Risk Based Capital Subsidiaries ExcessTierOneRiskBasedCapitalSubsidiaries	-52000000	eur
CY2020Q4	san	Excess Tier One Risk Based Capital Subsidiaries ExcessTierOneRiskBasedCapitalSubsidiaries	248000000	eur
CY2022Q4	san	Ifrs Tier Two Risk Based Capital IfrsTierTwoRiskBasedCapital	14359000000	eur
CY2021Q4	san	Ifrs Tier Two Risk Based Capital IfrsTierTwoRiskBasedCapital	14865000000	eur
CY2020Q4	san	Ifrs Tier Two Risk Based Capital IfrsTierTwoRiskBasedCapital	12514000000	eur
CY2022Q4	san	Subordinated Liabilities Preference Shares And Participating Securities Tier Two Capital SubordinatedLiabilitiesPreferenceSharesAndParticipatingSecuritiesTierTwoCapital	14770000000	eur
CY2021Q4	san	Subordinated Liabilities Preference Shares And Participating Securities Tier Two Capital SubordinatedLiabilitiesPreferenceSharesAndParticipatingSecuritiesTierTwoCapital	15424000000	eur
CY2020Q4	san	Subordinated Liabilities Preference Shares And Participating Securities Tier Two Capital SubordinatedLiabilitiesPreferenceSharesAndParticipatingSecuritiesTierTwoCapital	13351000000	eur
CY2022Q4	san	Institutional Review Board General Funds And Surplus Loans Loss Provision InstitutionalReviewBoardGeneralFundsAndSurplusLoansLossProvision	0	eur
CY2021Q4	san	Institutional Review Board General Funds And Surplus Loans Loss Provision InstitutionalReviewBoardGeneralFundsAndSurplusLoansLossProvision	75000000	eur
CY2020Q4	san	Institutional Review Board General Funds And Surplus Loans Loss Provision InstitutionalReviewBoardGeneralFundsAndSurplusLoansLossProvision	0	eur
CY2022Q4	san	Excess Tier Two Risk Based Capital Subsidiaries ExcessTierTwoRiskBasedCapitalSubsidiaries	-411000000	eur
CY2021Q4	san	Excess Tier Two Risk Based Capital Subsidiaries ExcessTierTwoRiskBasedCapitalSubsidiaries	-634000000	eur
CY2020Q4	san	Excess Tier Two Risk Based Capital Subsidiaries ExcessTierTwoRiskBasedCapitalSubsidiaries	-837000000	eur
CY2022Q4	san	Eligible Capital EligibleCapital	97392000000	eur
CY2021Q4	san	Eligible Capital EligibleCapital	97317000000	eur
CY2020Q4	san	Eligible Capital EligibleCapital	91015000000	eur
CY2022Q4	san	Ifrs Tier One Leverage Capital IfrsTierOneLeverageCapital	83033000000	eur
CY2021Q4	san	Ifrs Tier One Leverage Capital IfrsTierOneLeverageCapital	82452000000	eur
CY2020Q4	san	Ifrs Tier One Leverage Capital IfrsTierOneLeverageCapital	78501000000	eur
CY2022Q4	san	Tier One Leverage Capital Exposure Average Assets TierOneLeverageCapitalExposureAverageAssets	1750626000000	eur
CY2021Q4	san	Tier One Leverage Capital Exposure Average Assets TierOneLeverageCapitalExposureAverageAssets	1536516000000	eur
CY2020Q4	san	Tier One Leverage Capital Exposure Average Assets TierOneLeverageCapitalExposureAverageAssets	1471480000000	eur
CY2022	san	Ifrs Tier One Leverage Capital To Average Assets IFRSTierOneLeverageCapitalToAverageAssets	0.0474
CY2021	san	Ifrs Tier One Leverage Capital To Average Assets IFRSTierOneLeverageCapitalToAverageAssets	0.0537
CY2020	san	Ifrs Tier One Leverage Capital To Average Assets IFRSTierOneLeverageCapitalToAverageAssets	0.0533
CY2022	san	Number Of Banks Designated As Global Systemically Important Banks NumberOfBanksDesignatedAsGlobalSystemicallyImportantBanks	30	banks
CY2022	san	Global Systemically Important Bank Designation Number Of Criteria GlobalSystemicallyImportantBankDesignationNumberOfCriteria	5	indicator
CY2022	san	Global Systemically Important Banks Capital Buffer Percentage GlobalSystemicallyImportantBanksCapitalBufferPercentage	0.01
CY2022	san	Issuance Redemption Of Treasury Shares IssuanceRedemptionOfTreasuryShares	0	eur
CY2021	san	Issuance Redemption Of Treasury Shares IssuanceRedemptionOfTreasuryShares	0	eur
CY2020	san	Issuance Redemption Of Treasury Shares IssuanceRedemptionOfTreasuryShares	0	eur
CY2022	dei	Auditor Firm AuditorFirmId	1306

Files In Submission

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$SAN
Banco Santander, S.A. Stock $san

2022 Q4 Form 20-F Financial Statement

#000089147823000047 Filed on March 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SAN Banco Santander, S.A. Stock $san

2022 Q4 Form 20-F Financial Statement

#000089147823000047 Filed on March 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SAN
Banco Santander, S.A. Stock $san